document.write( "Question 1148613: It costs $50 to bet on a pig race. The pig has a 1/12 chance of placing first, a 1/8 chance of placing 2nd, and a 1/5 chance of placing 3rd. You win $200 if the pig wins, $50 if the pig gets 2nd, and $20 if the pig gets 3rd. What is the expected net gain from a pig race? \n" ); document.write( "

Algebra.Com's Answer #769961 by ikleyn(52786) $\"\"$ $\"About$

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document.write( "-50 +  +  +  = -50 +  = -50 +  = -23.08  dollars.     ANSWER\r\n" );
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