(Table: Utility Function II) Suppose the person's utility function is given by U = I^0.5, where I is income. What guaranteed income level would offer the same expected utility level as that from the uncertain income (i.e., find the certainty equivalent)?

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The Answer of (Table: Utility Function II) Suppose the person's utility function is given by U = I^0.5, where I is income. What guaranteed income level would offer the same expected utility level as that from the uncertain income (i.e., find the certainty equivalent)?

(Table: Utility Function II) Suppose the Person's Utility Function Is