1. Ann can organize a concert in either of two locations: Club or Park. If the concert is in the Club and it is not raining, she makes a profit of $4; if it is raining outside, she makes a profit of $1. If the concert is at the Park, and it is not raining, she makes a profit of $0; if it is raining outside, she makes a profit of $9.Ann is risk averse and her utility function isW^0.5, where