Neco 2024 Further Mathematics Question 16
Practice objective / multiple choice question 16 from the 2024 Neco Further Mathematics examination.
A factory produces widgets of type X and Y. 60% of the widgets are type X and 40% are type Y. An inspection test correctly identifies a type X widget with probability (0.90) and correctly identifies a type Y widget with probability (0.80). Each widget is inspected twice independently. A widget is reported as type X on both inspections. The widget will be sold only if it is reported as type X on both inspections. The profit earned on selling a type X widget is ₦500 and on selling a type Y widget is ₦300. What is the expected profit per widget produced (in Naira)?
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About This Question
This is Neco 2024 Further Mathematics Question 16. It is one of the objective questions from the 2024 Neco Further Mathematics examination.
Difficulty level: Hard .
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