The Results of an Election Are Summarized in the Preference

question 33

Multiple Choice

The results of an election are summarized in the preference table below.
$\begin{array}{l|lllll}\text { Number of votes } & 4 & 2 & 5 & 4 & 1 \\\hline \text { First choice } & \text { Z } & \text { X } & \text { W } & \text { Y } & \text { X } \\\text { Second choice } & \text { W } & \text { W } & \text { Y } & \text { Z } & \text { Z } \\\text { Third choice } & \text { Y } & \text { Y } & \text { Z } & \text { X } & \text { W } \\\text { Fourth choice } & \text { X } & \text { Z } & \text { X } & \text { W } & \text { Y }\end{array}$

Using the plurality-with-elimination method of voting, determine the winner.

• A) Y
• B) X
• C) W
• D) Z

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Definitions:

Arithmetic Operations

The basic operations in mathematics, which are addition, subtraction, multiplication, and division.

Compound Interest

A method of calculating interest where the interest is added to the principal so that, from that moment on, the interest that has been added also earns interest.

Exponential Decay

A process by which a quantity decreases at a rate proportional to its current value.

Financial Calculation

The process of crunching numbers to determine outcomes related to investments, savings, profitability, and other financial metrics.