Question: If Anna's utility of wealth function is given by u (x)=, what is the value of CE(Z) for Anna? (In other words, what is

If Anna's utility of wealth function is given by u (x)=, what

is the value of CE(Z) for Anna? (In other words, what is

If Anna's utility of wealth function is given by u (x)=, what is the value of CE(Z) for Anna? (In other words, what is Anna's certainty equivalent for prospect Z?) (Note: The answer may not be a whole number; please round to the nearest hundredth) (Note: The numbers may change between questions, so read carefully) Prospect Z = ($4, 0.25; $14, 0.50; $25, 0.25)

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