Written Assignment 6 Answer the following questions. Each of your answers should be an essay of 250 to 350 words (with a typical font and spacing…
September 3, 2020
PLEASE SEE THE ATTACHED FILE PLEASE SEE THE ATTACHED FILE Files: LEARNING ACTIVITIES 11.docx
September 3, 2020

Jimmy will have $85979 in wealth and a utility of 336 when he is healthy and $38400 in wealth and a utility of 206 when he is ill. What is Jimmy’s expected utility if the chance of illness is 0.12?

** Show work please

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