Neco 2022 Geography Question 36
Practice objective / multiple choice question 36 from the 2022 Neco Geography examination.
In a coastal district, the probability that a flood occurs in a given year is \(0.12\), the probability of a landslide is \(0.08\), and the probability that both a flood and a landslide occur in the same year is \(0.02\). The average economic loss from a flood alone is \(\text{₦}150\) million, from a landslide alone is \(\text{₦}200\) million, and when both occur together the loss is \(\text{₦}300\) million (the losses are not additive). What is the expected annual economic loss from these hazards (in millions of naira)?
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About This Question
This is Neco 2022 Geography Question 36. It is one of the objective questions from the 2022 Neco Geography examination.
Difficulty level: Hard .
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