Post Utme Esut 2020 General Studies Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Esut General Studies examination.

Post Utme Esut 2020 General Studies Objective / Multiple Choice
Question 7 POST_UTME_ESUT • 2020 • GENERAL STUDIES • objective

A firm is considering two investment projects, A and B. Project A has a 20% chance of success and a 80% chance of failure, while project B has a 30% chance of success and a 70% chance of failure. Which project should the firm choose?

Answer Options

Correct Answer A. Project A
B. Project B
C. Both projects are equally likely to succeed
D. Neither project is a good investment
Correct Answer
A
Correct Option:
Project A

About This Question

This is Post Utme Esut 2020 General Studies Question 7. It is one of the objective questions from the 2020 Post Utme Esut General Studies examination.

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