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Suppose That the Manager of a Company Has Estimated the Probability

Question 170

Multiple Choice

Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all suppliers as 0.23%. In addition, the firm currently uses three suppliers for its main component, and the manager estimates the probability of a unique-event that would disrupt one of them sometime during the next five years to be 1.1%. What is the probability that all three suppliers will be disrupted at the same time at some point during the next five years?


A) 4.4203%
B) 0.2301%
C) 4.4300%
D) 0.2297%
E) 0.2303%

Correct Answer:

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