Post Utme Crawford University 2020 General Studies Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Crawford University General Studies examination.

Post Utme Crawford University 2020 General Studies Objective / Multiple Choice
Question 22 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • GENERAL STUDIES • objective

A company is considering two different investment opportunities. One investment has a 20% chance of returning 10,000 naira and a 80% chance of returning 5,000 naira. The other investment has a 50% chance of returning 15,000 naira and a 50% chance of returning 0 naira. Which investment should the company choose?

Answer Options

A. Investment A
B. Investment B
C. Investment A and B are equally likely to return the highest profit
Correct Answer D. Investment B is more likely to return the highest profit
Correct Answer
D
Correct Option:
Investment B is more likely to return the highest profit

About This Question

This is Post Utme Crawford University 2020 General Studies Question 22. It is one of the objective questions from the 2020 Post Utme Crawford University General Studies examination.

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