Write a Voter Profile for the Voting Situation $\text { Write a voter profile for these ballots. }$

question 76

Multiple Choice

Write a voter profile for the voting situation.
-Ten voters are asked to rank 4 brands of cell phones: A, B, C, and D. The ten voters turn in the following ballots showing their preferences in order: $\begin{array}{l|llllllllll}\text { Voter } & \# 1 & \# 2 & \# 3 & \# 4 & \# 5 & \# 6 & \# 7 & \# 8 & \# 9 & \# 10 \\\hline \text { 1st place } & \mathrm{A} & \mathrm{B} & \mathrm{B} & \mathrm{B} & \mathrm{A} & \mathrm{B} & \mathrm{B} & \mathrm{B} & \mathrm{B} & \mathrm{A} \\\hline \text { 2nd place } & \mathrm{B} & \mathrm{C} & \mathrm{A} & \mathrm{C} & \mathrm{B} & \mathrm{A} & \mathrm{C} & \mathrm{A} & \mathrm{A} & \mathrm{B} \\\hline \text { 3rd place } & \mathrm{D} & \mathrm{A} & \mathrm{C} & \mathrm{A} & \mathrm{C} & \mathrm{C} & \mathrm{A} & \mathrm{D} & \mathrm{C} & \mathrm{C} \\\hline \text { 4th place } & \mathrm{C} & \mathrm{D} & \mathrm{D} & \mathrm{D} & \mathrm{D} & \mathrm{D} & \mathrm{D} & \mathrm{C} & \mathrm{D} & \mathrm{D}\end{array}$

$\text { Write a voter profile for these ballots. }$

• A)
• \(\begin{array}{c|l}
• \text { Number of Votes } & \text { Ranking } \\
• \hline 2 & \mathrm{~A}>\mathrm{B}>\mathrm{C}>\mathrm{D} \\
• 2 & \mathrm{~A}>\mathrm{B}>\mathrm{D}>\mathrm{C} \\
• 2 & \mathrm{~B}>\mathrm{A}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{D}>\mathrm{C} \\
• 3 & \mathrm{~B}>\mathrm{C}>\mathrm{A}>\mathrm{D}
• \end{array}\)
• B)
• \(\begin{array}{c|l}
• \text { Number of Votes } & \text { Ranking } \\
• \hline 2 & \mathrm{~A}>\mathrm{B}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~A}>\mathrm{B}>\mathrm{D}>\mathrm{C} \\
• 3 & \mathrm{~B}>\mathrm{A}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{D}>\mathrm{C} \\
• 3 & \mathrm{~B}>\mathrm{C}>\mathrm{A}>\mathrm{D}
• \end{array}\)
• C)
• \(\begin{array}{c|l}
• \text { Number of Votes } & \text { Ranking } \\
• \hline 2 & \mathrm{~A}>\mathrm{B}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~A}>\mathrm{C}>\mathrm{B}>\mathrm{D} \\
• 3 & \mathrm{~B}>\mathrm{A}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{D}>\mathrm{C} \\
• 3 & \mathrm{~B}>\mathrm{C}>\mathrm{A}>\mathrm{D}
• \end{array}\)
• D)
• \(\begin{array}{c|l}
• \text { Number of Votes } & \text { Ranking } \\
• \hline 2 & \mathrm{~A}>\mathrm{B}>\mathrm{C}>\mathrm{D} \\
• 2 & \mathrm{~A}>\mathrm{C}>\mathrm{B}>\mathrm{D} \\
• 2 & \mathrm{~B}>\mathrm{A}>\mathrm{C}>\mathrm{D} \\
• 1 & \mathrm{~B}>\mathrm{A}>\mathrm{D}>\mathrm{C} \\
• 3 & \mathrm{~B}>\mathrm{C}>\mathrm{A}>\mathrm{D}
• \end{array}\)

Explain the advantages and limitations of exponential smoothing.

Calculate and interpret moving averages for specified periods given historical data.

Understand and identify the association between two quantitative variables.

Distinguish between exploratory analysis, benchmarking, and data mining.

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Definitions:

Long-Term Investment

Investments in securities or assets intended to be held for several years or more to generate long-term returns.

Cash Surrender Value

Cash surrender value is the amount of cash that a life insurance policyholder can receive upon the cancellation of their policy before its maturity or the insured event.

Capital Lease

A lease agreement considered to have the economic characteristics of asset ownership, thus it is recorded as an asset and liability on the balance sheet.

Fair Market Value

An estimate of the market price of a property or asset if sold under competitive and open market conditions.