Post Utme Summit University 2022 General Studies Question 7
Practice objective / multiple choice question 7 from the 2022 Post Utme Summit University General Studies examination.
A company is considering investing in a new project. The project has a 20% chance of generating a profit of ₦1,000,000 and a 80% chance of generating a loss of ₦500,000. What is the expected value of the project?
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About This Question
This is Post Utme Summit University 2022 General Studies Question 7. It is one of the objective questions from the 2022 Post Utme Summit University General Studies examination.
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