Gce Model Questions Vol1 2022 Geography Question 5
Practice objective / multiple choice question 5 from the 2022 Gce Model Questions Vol1 Geography examination.
A coastal city faces two hazards. The annual probability of a damaging storm surge is \(0.04\), causing an economic loss of £\(120\) million if it occurs. The annual probability of a magnitude \(7.0\) earthquake is \(0.01\), causing a loss of £\(250\) million. If both events occur in the same year, the combined loss is reduced to £\(300\) million because emergency resources overlap. Assuming the events are independent, calculate the expected annual economic loss for the city (in £ million), rounded to two decimal places.
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About This Question
This is Gce Model Questions Vol1 2022 Geography Question 5. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Geography examination.
Difficulty level: Hard .
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