Atax referendum for property tax funding for a bond issue to build a new school is on the ballot inthe next election. a member of the referendum committee is confident that the question will haveabout 52% of the votes cast in the school district. but, you're worried that only 1,000 voters willshow up at the polls since this is an off-year election. how often will the referendum question lose? to find out, you set up a simulation. describe how you will simulate a trial.
a) a trial is 1,000 votes. examine 1,000 3-digit random numbers and only count how manypeople voted yes for the referendum. that number wins that trial.
b) a trial is 100 votes. examine 100 2-digit random numbers and count how many people votedyes and how many voted no for the referendum. whichever gets the majority of votes winsthat trial.
c) a trial is 100 votes. examine 1,000 2-digit random numbers and count how many peoplevoted no for the referendum. that number wins that trial.
d) a trial is 1,000 votes. examine 1,000 3-digit random numbers and count how many peoplevoted yes and how many voted no for the referendum. whichever gets the majority of voteswins that trial.
e) a trial is 10 votes. examine 10 1-digit random numbers and count how many people votedyes and how many voted no for the referendum. whichever gets the majority of votes winsthat trial.

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving