Post Utme Bowen University 2023 General Studies Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Bowen University General Studies examination.

Post Utme Bowen University 2023 General Studies Objective / Multiple Choice
Question 4 POST_UTME_BOWEN_UNIVERSITY • 2023 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a 20% chance of success and a 80% chance of failure. What is the expected value of the project?

Answer Options

A. ₦100
Correct Answer B. ₦80
C. ₦120
D. ₦160
Correct Answer
B
Correct Option:
₦80

About This Question

This is Post Utme Bowen University 2023 General Studies Question 4. It is one of the objective questions from the 2023 Post Utme Bowen University General Studies examination.

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