Post Utme Bowen University 2024 General Studies Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Bowen University General Studies examination.

Post Utme Bowen University 2024 General Studies Objective / Multiple Choice
Question 21 POST_UTME_BOWEN_UNIVERSITY • 2024 • GENERAL STUDIES • objective

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

Answer Options

A. -0.2
Correct Answer B. 0.2
C. 0.4
D. 0.6
Correct Answer
B
Correct Option:
0.2

About This Question

This is Post Utme Bowen University 2024 General Studies Question 21. It is one of the objective questions from the 2024 Post Utme Bowen University General Studies examination.

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