Question: Question 2 1 pts Jake is a computer science major, but he's far more interested in playing video games. As graduation approaches, Jake is contemplating

Question 2 1 pts Jake is a computer science major, but he's far more interested in playing video games. As graduation approaches, Jake

is contemplating whether he should be a programmer or a pro-gamer. If

he becomes a programmer, with probability 0.5 he can earn $160,000/year and

Question 2 1 pts Jake is a computer science major, but he's far more interested in playing video games. As graduation approaches, Jake is contemplating whether he should be a programmer or a pro-gamer. If he becomes a programmer, with probability 0.5 he can earn $160,000/year and with probability 0.5 he can earn $90,000/year. If he becomes a professional gamer, with probability p he is very successful and makes $360,000/year, with probability 1-p he keeps losing and only makes $10,000/year. Jake's utility function for wealth is Uprogrammer (w) = vw if he is a programmer, and Ugamer (w) = 2 vw if he is a pro-gamer. Question: Which career does Jake prefer when p=0.3? O Programming O Professional gaming He is indifferent between the two careers. O None of above.Question 3 1 pts (Continue) Jake is indifferent between these two careers when p = ? Please round your answer to 3 decimal places if your answer is a fraction

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