John is presented with the following lottery that depends on the roll of a 6-sided fair dice. If he rolls a 1, he wins $100. If he rolls a 6 or a 5, he wins $20. If he rolls any other number, he only wins $5. Instead of playing this lottery, John could instead receive $20 with certainty. John chooses the $20. Based on this, we can conclude that (Hint: Remember what's true of EU and U(EV) for risk averse, risk loving and risk neutral preferences.)