Six People Have Declared Their Intentions to Run for a Trustee

question 64

Multiple Choice

Six people have declared their intentions to run for a trustee seat in the next local election. A political poll is conducted during the campaign among 1,020 voters to determine if there is any clear preference among the voters. The responses are shown below. What is the expected frequency for each candidate?

• A) 204
• B) 170
• C) 510
• D) 180
• E) None of these statements are correct

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Definitions:

Pricing Strategy

Pricing Strategy encompasses the methods and logic a company uses to set prices for its products or services, influencing demand, profitability, and market positioning.

Profit Objectives

Financial goals set by a company seeking to achieve a specific amount of profit over a certain period.

Target Return

A pricing strategy that sets the price point based on a predetermined return on investment or desired profit margin.

Profit Goal

A specific, quantifiable financial objective set by a business, aiming to achieve a particular level of profit within a defined period.