Question: Lakisha has a utility function for income given by U ( I ) = I 2 . Lakisha is Lakisha is considering an investment that

Lakisha has a utility function for income given by U(I)=I2. Lakisha is
Lakisha is considering an investment that would give her an income of $10,000 with a probability of 0.35 or an income of $20,000 with a probability of 0.65. The expected utility of this investment is
(Enter your response as a real number rounded to two decimal places.)
Lakisha is also considering a safe investment that returns a certain income of $14,000. Given her utility function, Lakisha would prefer the
Lakisha has a utility function for income given

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