Question: Q2(c) Consider the data in the table below for investments A and B. Using the utility function U(w) = 2w-wi, calculate which of the two

 Q2(c) Consider the data in the table below for investments A

Q2(c) Consider the data in the table below for investments A and B. Using the utility function U(w) = 2w-wi, calculate which of the two investments has the higher utility for an investor. (6 Marks) = W Outcome 11 8 3 A Probability 2/5 2/5 1/5 W Outcome 10 B Probability 2/3 1/3 7

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