You are an agribusiness consultant, providing advice to your clients in the Mid North Coast of NSW. One of your clients is a farmer who has five possible alternative organic crops to grow in her property next season and she needs to decide if to buy insurance is appropriate. You decided to evaluate the five possible crops using an Expected Utility Model (EUM) approach. In an interview with the farmer, you were able to collect this information about her Utility at different Income levels (in AUD000):

Table 1. Utility of farmer Aleyce Simmonds at different income levels.

Expected Income (AUD'000)	Aleyce Simmonds Utility
$0	0
$100	21
$200	38
$300	52
$400	63
$500	72
$600	80
$700	87
$800	92
$900	95

1. (All students) Estimate E(U) quadratic function based on characteristics of MU (use regression analysis). Explain your decision (10 Marks)