Post Utme Caleb University 2024 General Studies Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Caleb University General Studies examination.

Post Utme Caleb University 2024 General Studies Objective / Multiple Choice
Question 24 POST_UTME_CALEB_UNIVERSITY • 2024 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 10% chance of failure and a 20% chance of success. What is the expected value of the project?

Answer Options

A. -0.8
Correct Answer B. 0
C. 0.2
D. 0.8
Correct Answer
B

About This Question

This is Post Utme Caleb University 2024 General Studies Question 24. It is one of the objective questions from the 2024 Post Utme Caleb University General Studies examination.

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