Post Utme Igbinedion University 2018 General Studies Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Igbinedion University General Studies examination.

Post Utme Igbinedion University 2018 General Studies Objective / Multiple Choice
Question 15 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 20% chance of success and a 80% chance of failure. What is the expected value of the project?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Igbinedion University 2018 General Studies Question 15. It is one of the objective questions from the 2018 Post Utme Igbinedion University General Studies examination.

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