Question: Lakisha has a utility function for income given by Upper U left parenthesis Upper I right parenthesis equals StartRoot Upper I EndRoot. Lakisha is .
Lakisha has a utility function for income given by Upper U left parenthesis Upper I right parenthesis equals StartRoot Upper I EndRoot. Lakisha is Part Lakisha is considering an investment that would give her an income of $ with a probability of or an income of $ with a probability of The expected utility of this investment is enter your response here. Enter your response as a real number rounded to two decimal places. Part Lakisha is also considering a safe investment that returns a certain income of $ Given her utility function, Lakisha would prefer the investment with the uncertain income safe investment with the certain income
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