Recently, Students in a Marketing Research Class Were Interested in the Driving

question 66

Multiple Choice

Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested in finding out if exceeding the speed limit was related to social activity. They collected the following responses from 100 randomly selected students: Based on the analysis, what can be concluded?

• A)Driving behavior and gender are correlated.
• B)Driving behavior and gender are not related.
• C)Driving behavior and gender are related.
• D)No conclusion is possible.

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Definitions:

Paradox of Voting

A situation where the rational choice for an individual is not to vote, due to the negligible impact of a single vote on the outcome, yet if everyone behaves likewise, it undermines the electoral process.

Majority Voting

A decision-making process where the choice that receives more than half of the votes is adopted or enacted.

Median-Voter Model

A theoretical model in political science and economics predicting that the outcome of majority rule voting will reflect the preferences of the median voter.

Socially Efficient Outcome

An economic situation where resources are allocated in a way that maximizes the aggregate welfare of society.