Post Utme Esut 2019 General Studies Question 18
Practice objective / multiple choice question 18 from the 2019 Post Utme Esut General Studies examination.
A company is considering investing in a new project. The project has a 10% chance of failure and a 90% chance of success. If the project is successful, it will generate a profit of ₦10 million. If it fails, the company will incur a loss of ₦5 million. What is the expected value of the project?
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About This Question
This is Post Utme Esut 2019 General Studies Question 18. It is one of the objective questions from the 2019 Post Utme Esut General Studies examination.
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