Roy is indifferent between the following two lotteries (L1: receiving a B+ in a course, and L2: receiving an A with probability of 0.95 and
Roy is indifferent between the following two lotteries (L1: receiving a B+ in a course, and L2: receiving an A with probability of 0.95 and failing with the probability of 0.05). Regarding Roy's utility function, which statement is correct? .95 A 1 B+ and .05 F O u(B+) = 0 O u(B+) = 0.95 O u(B+) = 0.05 O u(B+) = 1
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