Post Utme Rhema University 2019 General Studies Question 10
Practice objective / multiple choice question 10 from the 2019 Post Utme Rhema University General Studies examination.
A company in Nigeria wants to invest in a project that has a 10% chance of failure. If the project is successful, it will generate a profit of ₦100 million. If it fails, the company will incur a loss of ₦50 million. What is the expected value of the project?
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About This Question
This is Post Utme Rhema University 2019 General Studies Question 10. It is one of the objective questions from the 2019 Post Utme Rhema University General Studies examination.
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