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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>In this example I will uses the 2008 US Presidential
Election only to illustrate a point - you could assume a state Governor or Senators
race<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>We currently have about 25 candidates running for President
of the <st1:place w:st="on"><st1:country-region w:st="on">United States</st1:country-region></st1:place>.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>9 Democrats<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>9 Republicans<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>3 (assumed) Green<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>2 (assumed) Libertarian<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>2 (assumed Constitution<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Bases on the current election laws we will have 5 candidates
in the General Election.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>1 Democrat<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>1 Republican<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>1 Green<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>1 Libertarian<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>1 Constitution<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Voters will be asked the vote for one of these candidates.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial;font-weight:bold'>Why do we have to choose among the
following preferences (using head-to-head match ups – i.e. Condorcet)
among the 25 candidates running?<o:p></o:p></span></font></b></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>4 most preferred (Democrat Party/Clinton-Plurality winner)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>5 most preferred (Republican Party/Giuliani-Plurality
winner)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>15-19 most preferred (Green Party - assume Nader)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>21 most preferred (Libertarian Party -unknown)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>23 most preferred (Constitution Party -unknown)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>If we have to have 5 candidate in the general election <b><span
style='font-weight:bold'>why not have the</span></b> <b><span style='font-weight:
bold'>TOP 5</span></b> (based on the Condorcet method)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>They would be the following (assuming the Primary Election
matches the Dec. Polls):<o:p></o:p></span></font></p>
<ol style='margin-top:0in' start=1 type=1>
<li class=MsoNormal style='mso-list:l0 level1 lfo1'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Edwards (would beat all
Republicans and Democrats based on Condorcet rankings see below)</span></font>
<font size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></li>
<li class=MsoNormal style='mso-list:l0 level1 lfo1'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>(tie) McCain</span></font> <font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></li>
<li class=MsoNormal style='mso-list:l0 level1 lfo1'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>(tie) Obama</span></font> <font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></li>
<li class=MsoNormal style='mso-list:l0 level1 lfo1'><st1:place w:st="on"><st1:City
w:st="on"><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Clinton</span></font></st1:City></st1:place> <font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></li>
<li class=MsoNormal style='mso-list:l0 level1 lfo1'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Giuliani</span></font> <font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></li>
</ol>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>We could then chose the winner (and next president) using
the Condorcet method (or use range, approval, or IRV methods)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>If the General Election voting matched to polls then Edwards
would be elected President<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>I’m not necessarily voting for him, this is only the Voters
Preferred President.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Thanks<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Don Hoffard<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Poll results:<o:p></o:p></span></font></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=566
style='width:424.15pt;margin-left:-.75pt;border-collapse:collapse'>
<tr height=17 style='height:12.75pt'>
<td width=323 nowrap colspan=4 height=17 valign=bottom style='width:242.15pt;
padding:0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial;font-weight:bold'>Margins of Victory (based on Dec. Polls)<o:p></o:p></span></font></b></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal align=center style='text-align:center'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>Vs.<o:p></o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> Giuliani<o:p></o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> Romney<o:p></o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> Huckabee<o:p></o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> McCain<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Thompson<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial;font-weight:bold'> Average<o:p></o:p></span></font></b></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><st1:place w:st="on"><st1:City w:st="on"><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>Clinton</span></font></st1:City></st1:place><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'><o:p></o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>6<o:p></o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>11<o:p></o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>10<o:p></o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>-2<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>13<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num x:fmla="=AVERAGE(B3:F3)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>7.6<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Obama<o:p></o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>7<o:p></o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>13<o:p></o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>15<o:p></o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>0<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>12<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num x:fmla="=AVERAGE(B4:F4)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>9.4<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Edwards<o:p></o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>9<o:p></o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>22<o:p></o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>25<o:p></o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>8<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>14<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num x:fmla="=AVERAGE(B5:F5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>15.6<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial;font-weight:bold'>Average<o:p></o:p></span></font></b></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num="7.333333333333333"
x:fmla="=AVERAGE(B3:B5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>7.3<o:p></o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num="15.333333333333334" x:fmla="=AVERAGE(C3:C5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>15.3<o:p></o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt' x:num="16.666666666666668"
x:fmla="=AVERAGE(D3:D5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>16.7<o:p></o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt' x:num x:fmla="=AVERAGE(E3:E5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>2.0<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num x:fmla="=AVERAGE(F3:F5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>13.0<o:p></o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt' x:num="10.866666666666667" x:fmla="=AVERAGE(G3:G5)">
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>10.9<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=76 nowrap height=17 valign=bottom style='width:56.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=89 nowrap height=17 valign=bottom style='width:66.95pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=72 nowrap height=17 valign=bottom style='width:54.1pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=86 nowrap height=17 valign=bottom style='width:64.15pt;padding:
0in 0in 0in 0in;height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=80 nowrap height=17 valign=bottom style='width:60.0pt;padding:0in 0in 0in 0in;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
<td width=81 nowrap height=17 valign=bottom style='width:61.0pt;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
</td>
</tr>
</table>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>Condorcet ranking (assumed based on margins and averages)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>1 Edwards <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>2 tie Obama <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>2 tie McCain<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>4 <st1:place
w:st="on"><st1:City w:st="on">Clinton</st1:City></st1:place><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>5 Giuliani<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>6 Thompson<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>7 Romney<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>8 Huckabee<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>
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