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10. A six sided (fair) die is rolled. If any odd number is rolled, you are paid one hundred times that number of dollars (on

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10. A six sided (fair) die is rolled. If any odd number is rolled, you are paid one hundred times that number of dollars (on a roll of 1, you are paid $100, on a roll of 3 you are paid $300 on a roll of 5 you are paid $500). For any other result, you are paid nothing. For an individual with no initial wealth and the following Bernoulli Utility Func- tion (the utility over final wealth w), given by U = Vw What is the Expected Value of the lottery? What is the Expected Utility of the following lottery

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