Question
Three candidates are running for mayor. A vote was taken in which the candidates were ranked in order of preference. The results are shown in
Three candidates are running for mayor. A vote was taken in which the candidates were ranked in order of preference. The results are shown in the preference schedule below.RankingsJohn Lorenz133Marcia Beasley312Stephen Hyde221Number of votes:26912362233
(a) Use the Borda Count method to determine the winner of the election.
John Lorenz
Marcia Beasley
Stephen Hyde
There is a tie between Marcia Beasley and Stephen Hyde.
There is a tie between John Lorenz and Stephen Hyde.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
