Post Utme Mountain Top University 2018 General Studies Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Mountain Top University General Studies examination.

Post Utme Mountain Top University 2018 General Studies Objective / Multiple Choice
Question 36 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering two investment options: Option A has a 20% chance of returning 100,000 and a 80% chance of returning 0, while Option B has a 50% chance of returning 80,000. Which option has the higher expected return?

Answer Options

A. Option A
Correct Answer B. Option B
C. Option C
D. Option D
Correct Answer
B
Correct Option:
Option B

About This Question

This is Post Utme Mountain Top University 2018 General Studies Question 36. It is one of the objective questions from the 2018 Post Utme Mountain Top University General Studies examination.

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