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Business, 08.04.2020 00:12 dreamdancekay

Jenny will have $196,184 in wealth and a utility of 275 when she is healthy and $95,405 in wealth and a utility of 127 when she is ill. What is Jenny's expected utility if the chance of illness is 0.12?

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Jenny will have $196,184 in wealth and a utility of 275 when she is healthy and $95,405 in wealth an...
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