Post Utme Uniport 2019 General Studies Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Uniport General Studies examination.

Post Utme Uniport 2019 General Studies Objective / Multiple Choice
Question 10 POST_UTME_UNIPORT • 2019 • GENERAL STUDIES • objective

A firm is considering two 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 ₦50,000 and a 50% chance of returning ₦0. Which option has a higher expected return?

Answer Options

A. Option A
B. Option B
C. Option A and Option B are equally likely
Correct Answer D. Option B has a higher expected return
Correct Answer
D
Correct Option:
Option B has a higher expected return

About This Question

This is Post Utme Uniport 2019 General Studies Question 10. It is one of the objective questions from the 2019 Post Utme Uniport General Studies examination.

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