Post Utme Ims U 2019 General Studies Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Ims U General Studies examination.

Post Utme Ims U 2019 General Studies Objective / Multiple Choice
Question 17 POST_UTME_IMS_U • 2019 • GENERAL STUDIES • objective

A company is considering two different investment options. Option A has a 20% chance of returning 10 times the investment, and option B has a 50% chance of returning 5 times the investment. Which option has the higher expected return?

Answer Options

Correct Answer A. Option A
B. Option B
C. Both options have the same expected return
D. Neither option has a higher expected return
Correct Answer
A
Correct Option:
Option A

About This Question

This is Post Utme Ims U 2019 General Studies Question 17. It is one of the objective questions from the 2019 Post Utme Ims U General Studies examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support