The following table shows the number of voters preferring various amounts of spending on a new school. Number of Voters 12 33 47 22 6 4 1 Select one: a. $0.5 O b. $1.5 c. $2.0 O d. $1.0 Preferred Spending (millions) $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 Refer to the table above. What is the preferred spending amount of the median voter?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The following table shows the number of voters preferring various amounts of spending on
a new school.
Number of Voters
12
33
47
22
6
4
1
Select one:
a. $0.5
b. $1.5
c. $2.0
d. $1.0
Preferred Spending (millions)
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
Refer to the table above. What is the preferred spending amount of the median voter?
Transcribed Image Text:The following table shows the number of voters preferring various amounts of spending on a new school. Number of Voters 12 33 47 22 6 4 1 Select one: a. $0.5 b. $1.5 c. $2.0 d. $1.0 Preferred Spending (millions) $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 Refer to the table above. What is the preferred spending amount of the median voter?
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