Post Utme Crawford University 2018 General Studies Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Crawford University General Studies examination.

Post Utme Crawford University 2018 General Studies Objective / Multiple Choice
Question 37 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 20% chance of generating a profit of ₦1,000,000 and a 80% chance of generating a loss of ₦500,000. What is the expected value of the project?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Crawford University 2018 General Studies Question 37. It is one of the objective questions from the 2018 Post Utme Crawford University General Studies examination.

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