Neco Model Questions Vol1 2019 Civic Education Question 38

Practice objective / multiple choice question 38 from the 2019 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2019 Civic Education Objective / Multiple Choice Hard Difficulty
Question 38 NECO_MODEL_QUESTIONS_VOL1 • 2019 • CIVIC_EDUCATION • objective

A peace process consists of three stages: negotiation \(R_n\) million naira, mediation \(R_m\) million naira and implementation \(R_i\) million naira. The total budget is 30 million naira and each stage must receive at least 5 million. The success probabilities are given by\n\(p_n = 0.5 + 0.02R_n\),\n\(p_m = 0.4 + 0.015R_m\),\n\(p_i = 0.3 + 0.01R_i\).\nThe overall probability of a successful peace is the product \(p_n p_m p_i\). Determine the integer allocation \((R_n,R_m,R_i)\) that maximises this overall probability and give the maximum probability rounded to four decimal places.

Answer Options

A. 0.1695
B. 0.1762
C. 0.1623
Correct Answer D. 0.1719
Correct Answer
D
Correct Option:
0.1719

About This Question

This is Neco Model Questions Vol1 2019 Civic Education Question 38. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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