Post Utme Delsu 2022 Commerce Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Delsu Commerce examination.

Post Utme Delsu 2022 Commerce Objective / Multiple Choice
Question 35 POST_UTME_DELSU • 2022 • COMMERCE • objective

A firm has a 10% chance of losing ₦1000 and a 90% chance of gaining ₦500. What is the expected value of the firm's investment?

Answer Options

A. ₦45
Correct Answer B. ₦50
C. ₦55
D. ₦60
Correct Answer
B
Correct Option:
₦50

About This Question

This is Post Utme Delsu 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Delsu Commerce examination.

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