In the Following Voter Profile, Use the Pairwise Comparison Method

question 73

Multiple Choice

In the following voter profile, use the Pairwise Comparison Method to determine the winner. If candidate c drops out, and a second election is held, who is the winner if the Pairwise Comparison
Method is again used? Does the Pairwise Comparison Method violate the Independence of
Irrelevant Alternatives Criterion in this election process? $\begin{array}{c|l}\text { Number of Voters } & \text { Ranking } \\\hline 7 & \mathrm{a}>\mathrm{b}>\mathrm{c} \\10 & \mathrm{~b}>\mathrm{a}>\mathrm{c} \\4 & \mathrm{a}>\mathrm{c}>\mathrm{b} \\8 & \mathrm{c}>\mathrm{b}>\mathrm{a}\end{array}$

• A) a; a, no
• B) b; a, yes
• C) b; b, no
• D) a; b, yes

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Definitions:

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in using its assets to generate sales.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects receivables or the speed of their customer payments.

Average Receivables

A measure that summarises the average amount of accounts receivable over a specific period, often used to assess the effectiveness of a company's credit and collection policies.