In a Certain Town, 22 % of Voters $3.6 \text { voters } { } ^ { 2 }$

question 20

Multiple Choice

In a certain town, 22 % of voters favor a given ballot measure. For groups of 21 voters, find the variance for the number who favor the measure.

• A) \(3.6 \text { voters } { } ^ { 2 }\)
• B) \(4.6 \text { voters } { } ^ { 2 }\)
• C) \(1.9 \text { voters } ^ { 2 }\)
• D) \(13 \text { voters } ^ { 2 }\)

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Definitions:

Extra Profit

Additional earnings that exceed the normal expected profit from business activities.

Rent-Seeking Behavior

Actions by individuals or firms aimed at manipulating the political or economic environment to acquire unearned income or profits.

Principal-Agent Problem

A conflict in priorities between a person or group making decisions on behalf of others (agent) and those who are affected by those decisions (principal).

Computer Software

Programs and other operating information used by a computer, enabling it to perform specific tasks and functions.