Post Utme Mountain Top University 2018 General Studies Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Mountain Top University General Studies examination.

Post Utme Mountain Top University 2018 General Studies Objective / Multiple Choice
Question 40 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • GENERAL STUDIES • objective

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, 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 40. It is one of the objective questions from the 2018 Post Utme Mountain Top University 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