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Kya was attempting to establish the utility that her boss assigns to a payoff of $ 2 , 0 0 0 . she established that

Kya was attempting to establish the utility that her boss assigns to a payoff of $2,000. she established that the utility for a payoff of $0 is zero and the utility for a payoff of $10,000 is one. Her boss has just told her that they would be indifferent between a payoff of $2,000 and a lottery which has a payoff of $10,000 where the probability of losing is 0.4. What is her boss utility for $2,000?(round your answer to 1 decimal place)

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