When Each Voter Has a Most-Preferred Outcome for the Expenditure

question 319

Multiple Choice

When each voter has a most-preferred outcome for the expenditure on a particular government program, majority rule will produce the outcome

• A)preferred by the mean (average) voter.
• B)preferred by the median voter.
• C)that causes the political party in power to increase its power.
• D)defined by Arrow's Impossibility Theorem.

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Definitions:

Degrees of Freedom

The total number of unique values or amounts that can be given to a statistical distribution.

Effect Size

A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between variables.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically set at 0.05 or 5%.

Degrees of Freedom

Represents the number of independent pieces of information available to estimate another piece of information or parameter in a dataset.