Use the following information about Dan to answer 3, 4, and 5

Probability Investment A Investment B

20% $600 $200

50% $1,000 $1,000

30% $1,400 $1,800

Compute the expected value of A and B respectively

1. 1,000; 1,000
2. 1,040; 1,040
3. 1,080; 1,080
4. 1,040; 1,080
5. 1,080; 1,040

Compute the standard deviation of investment A

1. $280
2. $78,400
3. $320,000
4. $565.69
5. None of the above

Given Dan's utility function of U = 10I, and the potential investments, determine expected utility for investment A:

1. 10,400
2. 1,040
3. 10,000
4. 1,000
5. None of the above