Voting Methods
The candidate with the most first-place votes is the winner.
What is The Plurality Method?
The I in the formula,
I = Prt.
What is Simple Interest?
The amount left for variable expenses given your take home pay is $2,150 per month and your monthly expenditures are:
rent: $800, cell phone: $79, car insurance: $117, car payment: $139, groceries: $195, utilities: $125
What is $695?
It's the sum of the values in a data set divided by the number of values.
What is the mean?
It's the value in the middle of a data set if all values are arranged in order.
What is the median?
This voting method assigns 1 point for the last-place candidate, 2 points to the next-to-the-last place candidate, 3 points to the third-from-the-last-place candidate, etc.
What is the Borda Count Method?
The A in this formula,
A = P(1 + rt).
What is Future Value?
The cost for your yearly spending on a $4.80 cup of coffee daily.
What is $1,752?
It's the value that occurs most often in a data set.
What is the mode?
It's the sum of the lowest and highest values in a data set divided by 2.
What is the midrange?
The candidate with the majority of first-place votes is the winner. If no candidate has a majority of first-place votes, the least favorite candidate is removed.
What is the Plurality-With-Elimination Method?
It's the down payment of 20% on a home that costs $256,000.
What is $51,200?
It's the down payment of 10% of a home that sells for $140,000.
What is $14,000?
Given the following data points:
14, 2, 7, 16, 30, 21
This one represents the mean.
What is 15?
Given the following data points:
14, 2, 7, 16, 30, 21
This one represents the midrange.
What is 16?
Each candidate is paired with every other candidate in a one-to-one contest. The candidate who wins on more ballots gets 1 point. In a tie, each candidate gets 1/2 a point.
What is the Pairwise Comparison Method?
It's the future value for a loan of $3,600 for 3 years at a rate of 8% per year.
What is $4,464?
It's the amount of the mortgage on a home that sells for $180,000 with 10% down.
What is $162,000?
You score 77 on a test in a class of 10 people. Below are the scores:
93, 82, 64, 75, 98, 52, 77, 88, 90, 71
This number represents your percentile rank.
What is the 40th percentile?
This is the approximate number of data values that will fall in the given range, based on:
Mean = 12, standard deviation = 1.5, n=50, range: 10.5 to 13.5
What is 34?
Three candidates, A, B, C ran for student government. It's the number of students who voted based on the preference table below:
# of votes 86 42 19 13
1st choice A B A C
2nd choice C A B A
3rd choice B C C B
What is 160?
It's the future value of $7,000 compounded quarterly at 3% for 5 years.
What is $8,128.29?
It's the monthly payment of a home purchased for $785,000 with a 6% down payment and a rate secured at 6.2% for 29 years.
What is $4,573.51?
It's the approximate number of data values that will fall in the given range, based on:
Mean = 100, standard deviation = 8, n=200, range: 84 to 108
What is 163?
This is the approximate number of data values that will fall in the given range, based on:
Mean = 400, standard deviation = 25, n=500, range: 325 to 475
What is 498.5?