Post Utme Unilorin 2022 General Studies Question 7
Practice objective / multiple choice question 7 from the 2022 Post Utme Unilorin General Studies examination.
A firm is considering two 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?
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About This Question
This is Post Utme Unilorin 2022 General Studies Question 7. It is one of the objective questions from the 2022 Post Utme Unilorin General Studies examination.
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