Clancy has $4800. He plans to bet on a boxing match between Sullivan and Flanagan. He finds that he can buy coupons for $6 that will pay off $10 each if Sullivan wins. He also finds in another store some coupons that will pay off $10 if Flanagan wins. The Flanagan tickets cost $4 each. Clancy believes that the two fighters each have a probability of ½ of winning. Clancy is a risk averter who tries to maximize the expected value of the natural log of his wealth. Which of the following strategies would maximize his expected utility? (a) Don’t Gamble (b) Buy 400 S tickets and 600 F tickets (c) Buy exactly as many F tickets and S tickets

bottom is the question, top is a part to the solution one of he chegg tutors wrote down. In WHAT WORLD does 100/1000=0.01 IT DOESN'T. 100/1000 = 0.1 to the power of -2 is 100 NOT 1000 so CAN SOMEONE PLEASE PLEASE correctly solve this. This is my third time posting it like jesssusssss

Section 1: Two Romantics Ann and Bob had their first date. Each either felt romantic chemistry (C) or no chemistry (NC) with the other person. Each person knows his/her own feeling but does not know the feeling of the other person. Assume a common prior belief that the other person felt chemistry with probability Pr(C) = p and no chemistry with probability Pr(NC) = 1-p. Ann and Bob are old-fashioned romantics and they made the following rule after the first date: No texts/calls/DMs. Instead, they can choose whether to appear (A) or not appear (NA) under the USyd Quadrangle clock tower at sunset on the next day. Their payoffs are given as follows: (From a first-person perspective) If I felt chemistry (C) and I appear (A) under the clock tower, my payoff is 100 if the other person also appears (A) and -100 if the other person doesn't (NA). If I felt chemistry (C) and I choose not to appear (NA) under the clock tower, my payoff is -30 regardless of the other person's action (because I…

Please no written by hand and no emage