The International Olympic Committee States That the Female Participation in the 2004

question 43

Essay

The International Olympic Committee states that the female participation in the 2004 Summer Olympic Games was 42%, even with new sports such as weight lifting, hammer throw, and modern pentathlon being added to the Games. Broadcasting and clothing companies want to change their advertising and marketing strategies if the female participation increases at the next games. An independent sports expert arranged for a random sample of pre-Olympic exhibitions. The sports expert reported that 202 of 454 athletes in the random sample were women. Is this strong evidence that the participation rate may increase?

-Was your test one-tail upper tail, lower tail, or two-tail? Explain why you choose that kind of test in this situation.

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Definitions:

Decision-Making Stage

The phase in the problem-solving or decision-making process where options are evaluated and a choice is made.

Behavioural Decision Model

A concept in psychology that examines the decision-making processes individuals use, including biases, judgments, and social influences.

Limited Information

A condition in decision-making processes where all necessary data or details are not available to the decision-maker.

Bounded Rationality

A concept suggesting that the cognitive limitations of the mind, and the finite amount of time available, limit human decision-making capabilities.