A Lawyer Believes That the Probability Is

question 117

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

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Definitions:

European Jews

European Jews refer to the Jewish population residing in Europe, a group that has faced historical persecution culminating in the Holocaust during World War II.

Persecution

The systematic mistreatment of an individual or group by another group, often due to religious, political, or ethnic differences.

Atomic Bomb

A weapon of mass destruction that releases energy through nuclear reactions, either fission or a combination of fission and fusion.

Japan

An island nation in East Asia, known for its rich cultural heritage, advanced technology, and significant economic power.