In a Presidential Election Poll Surveying a Random Sample of 1,200

question 7

Multiple Choice

In a presidential election poll surveying a random sample of 1,200 voters, the margin of error is around 1.5 percent. This means that if a candidate, according to the sample of voters in the survey, will receive 51 percent of the vote on Election Day, we can confidently predict that in the real election that candidate will receive ________ percent of the vote.

• A) 51
• B) 49.5 percent to 52.5
• C) 50 percent to 52
• D) 48.5 percent to 53.5
• E) We cannot predict the exact percent of the vote because statistics are not reliable.

Demonstrate understanding of efficiency and optimality in game outcomes.

Recognize the impact of reputation and historical actions on strategic decisions.

Explain the role of deterrents and incentives in shaping strategies and equilibria.

Understand how repeated interactions affect strategy and equilibrium.