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A lawyer thinks there is a 0.2 probability that a jury will award his client $20,000; a 0.2 probability that a jury will award $12,000;
A lawyer thinks there is a 0.2 probability that a jury will award his client $20,000; a 0.2 probability that a jury will award $12,000; a 0.1 probability of an award of $5,000; and a 0.5 probability of no award. Find his expected award.
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