How Do Political Lobbyists Influence the Policy Making Process

question 27

Multiple Choice

How do political lobbyists influence the policy making process?

• A)Lobbyists review sound science and use the results to propose policy.
• B)Lobbyists contact elected officials in support of a particular position.
• C)Lobbyists only work for industry corporations to support bills that will benefit the corporations.
• D)Lobbyists only support regulation of toxic substances to help the environment.
• E)Lobbyists for the chemical industry govern the decisions of the EPA.

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Definitions:

Monte Carlo Simulation

A statistical technique employing random variables to simulate a model numerous times, thereby estimating the probable outcomes of various decisions or future events.

Cumulative Probability

The probability that a random variable is less than or equal to a specific value, often visualized as the area under the probability distribution curve to that point.

Demand Probability

The likelihood that a product or service will be purchased at various price levels within a specified time period.