Refer to the Provided Table, Which Shows the Ranked Preferences

question 227

Multiple Choice

Refer to the provided table, which shows the ranked preferences of voters for three alternative projects, with "1" being the top preference.In a paired-choice vote between a park and a jail,

• A)a majority of the voters would favor the jail, 3 to 0.
• B)a majority of the voters would favor the park, 3 to 0.
• C)a majority of the voters would favor the jail, 2 to 1.
• D)a majority of the voters would favor the park, 2 to 1.

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Definitions:

Bolts

Fasteners consisting of a head and a cylinder-shaped body, with threading along part of its length, designed to be used with a nut.

American Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified time period.

Boundary Values

Specific points which are used in software testing to check the behavior of a program at the start or end of a range of acceptable inputs.

Black-Scholes

A mathematical model used to price European options and derivatives by estimating the variation over time of financial instruments.