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

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

Join the Conversation

3 Comments

  1. 165722 232181Do you have a spam problem on this site; I also am a blogger, and I was curious about your situation; we have developed some nice practices and we are looking to exchange techniques with others, why not shoot me an email if interested. 64735

  2. I do not even know how I ended up right here, but I thought this publish was once great.
    I do not recognize who you’re but definitely
    you’re going to a famous blogger in the event
    you are not already. Cheers!

Leave a comment

Your email address will not be published.