Post Utme Ui 2023 General Studies Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Ui General Studies examination.

Post Utme Ui 2023 General Studies Objective / Multiple Choice
Question 23 POST_UTME_UI • 2023 • 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. Option B has a 50% chance of returning 50,000 and a 50% chance of returning 0. Which option has a 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 Ui 2023 General Studies Question 23. It is one of the objective questions from the 2023 Post Utme Ui General Studies examination.

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