Post Utme Bsu 2019 General Studies Question 7
Practice objective / multiple choice question 7 from the 2019 Post Utme Bsu General Studies examination.
A company is considering two different investment options. Option A has a 20% chance of returning ₦100,000 and a 80% chance of returning ₦0. Option B has a 50% chance of returning ₦50,000 and a 50% chance of returning ₦0. Which option has a higher expected return?
Answer Options
About This Question
This is Post Utme Bsu 2019 General Studies Question 7. It is one of the objective questions from the 2019 Post Utme Bsu General Studies examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.