Post Utme Uniport 2022 General Studies Question 23
Practice objective / multiple choice question 23 from the 2022 Post Utme Uniport General Studies examination.
A company is considering two different investment options. Option A has a 20% chance of returning 10,000 naira and a 80% chance of returning 0 naira. Option B has a 50% chance of returning 5,000 naira and a 50% chance of returning 0 naira. Which option has a higher expected return?
Answer Options
About This Question
This is Post Utme Uniport 2022 General Studies Question 23. It is one of the objective questions from the 2022 Post Utme Uniport General Studies examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.