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Question
A lawyer believes that the probability is .3 that she can win a discrimination suit. If she wins the case, she will make $400,000; but if she loses, she gets nothing. Assume that she has to spend $75,000 preparing the case. What is her expected gain?A. $325,000
B. $45,000
C. $150,000
D. $22,500
Answer
This answer is hidden. It contains 49 characters.
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