document.write( "Question 1118772: Mandy is considering a lawsuit against a chemical company. Erin, her lawyer, estimated that there is a 65% chance Mandy will make $150,000, a 10% chance Mandy will break even, and a 25% chance they will lose the case and Sherri will need to pay $50,000 in legal fees. What is Mandy's expected gain or loss if she proceeds with the lawsuit? \n" ); document.write( "
Algebra.Com's Answer #734201 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You can do your own arithmetic. A positive value indicates an expected gain, a negative value is a loss. However, since Sherri is paying the 50K in legal fees, Mandy has no possibility of a loss. Either that or you are an extremely lazy proofreader. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( " |