Multiple Choice
A lawyer believes that the probability is .3 that she can win a discrimination suit.If she wins the case,she will make $40,000;but if she loses,she gets nothing.Assume that she has to spend $5000 preparing the case.What is her expected gain?
A) $35,000
B) $7,000
C) $10,500
D) $9,000
Correct Answer:
Verified
Correct Answer:
Verified
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