Post Utme Futo 2019 General Studies Question 14
Practice objective / multiple choice question 14 from the 2019 Post Utme Futo General Studies examination.
A company is considering two different investment options. Option A has a 20% chance of returning 100,000 and a 80% chance of returning 0. Option B has a 50% chance of returning 80,000 and a 50% chance of returning 120,000. Which option has the higher expected value?
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About This Question
This is Post Utme Futo 2019 General Studies Question 14. It is one of the objective questions from the 2019 Post Utme Futo General Studies examination.
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