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A political scientist wants to prove that a candidate is currently carrying more than 60% of the vote in the riding. She has her assistants randomly sample 200 eligible voters in the riding by telephone and only 90 declare that they support her candidate. The test statistic for this problem is ___.
Reasonable Decision
A choice made after careful consideration of facts and logical reasoning, often seen as sensible or practical.
Problem Recognition
The initial step in the decision-making process where individuals realize the difference between their current state and a desired state.
Satisficing Solution
A decision-making strategy that aims for a solution that is good enough, rather than optimal, based on the available information and resources.
Herbert Simon
An economist, political scientist, and cognitive psychologist who made significant contributions to the fields of artificial intelligence, economics, and cognitive psychology, and who was awarded the Nobel Prize in Economics in 1978.
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