Suppose That the Manager of a Company Has Estimated the Probability

question 21

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 1.4%.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)0.2300%
• C)4.4300%
• D)0.2297%
• E)0.2303%

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