Use the Following Information to Answer the Questions
Consider the Following

question 72

Multiple Choice

Use the following information to answer the Questions
Consider the following distribution of 32 voters at eight different positions over the interval [0, 1]. $$\begin{array} { | l | l | l | l | l | l | l | l | l | } \hline \text { Location } & 0.2 & 0.3 & 0.4 & 0.5 & 0.6 & 0.7 & 0.8 & 0.9 \\\hline \begin{array} { l } \text { Number of } \\\text { voters }\end{array} & 1 & 6 & 2 & 7 & 7 & 2 & 6 & 1 \\\hline\end{array}$$
-Assume that Candidate A and Candidate B's policy positions are 0.3 and 0.8. If Candidate C enters at 0.55, what fraction of the vote does the winner receive?

• A) 9/32
• B) 7/16
• C) 1/2
• D) 9/16

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Definitions:

Cumulative Dividends

Dividends on preferred shares that accumulate and must be paid out before any dividends can be distributed to common shareholders.

Consolidated Cost

The total cost that combines figures from various subsidiaries of a parent company into one aggregated total.

Unrealized Inventory Profits

Profits that result from internal sales within a company or conglomerate but have not been realized through sales to external parties.

Significant Influence

A level of control that an investor has over a business entity, typically through ownership of a significant but not majority share of voting stock.