Post Utme Caleb University 2025 General Studies Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Caleb University General Studies examination.

Post Utme Caleb University 2025 General Studies Objective / Multiple Choice
Question 7 POST_UTME_CALEB_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company is considering two different investment options. Option A has a 10% chance of returning 100% profit and a 90% chance of returning 0% profit. Option B has a 20% chance of returning 50% profit and an 80% chance of returning 0% profit. Which option has a higher expected return?

Answer Options

A. Option A
Correct Answer B. Option B
C. Option C
D. Option D
Correct Answer
B
Correct Option:
Option B

About This Question

This is Post Utme Caleb University 2025 General Studies Question 7. It is one of the objective questions from the 2025 Post Utme Caleb University General Studies examination.

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