Question: Lakisha has a utility function for income given by U() = :1. Lakisha is Lakisha is considering an investment that would give her an income

Lakisha has a utility function for income given by U() = :1. 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 $15,000 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 $16,000. Given her ublity function, Lakisha would prefer the

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