Please help me! I have to answer it within 1 hour.

Instead of facing these possible losses, Mr. Chan can purchase an insurance policy; the expected value and standard deviation of the Loss Amount under the insurance policy are 330 and 84.2615, respectively. Mr. Chan will make the insurance purchase decision by minimizing the loss of utility u + 0.10, where u = expected loss amount, and o = standard deviation of loss amount.~ (c) Will Mr. Chan purchase the insurance policy? (4 marks)