A union composed of several thousand employees is preparing to vote on a new contract. A random sample of 500 employees yielded 320 who planned to vote yes. It is believed that the new contract will receive more than 60% yes votes. Can we infer at the 5% significance level that the new contract will receive more than 60% yes votes?
Test statistic = ______________
p-value = ______________
Conclusion: ______________
Interpretation: __________________________________________

Question

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The Answer of A union composed of several thousand employees is preparing to vote on a new contract. A random sample of 500 employees yielded 320 who planned to vote yes. It is believed that the new contract will receive more than 60% yes votes. Can we infer at the 5% significance level that the new contract will receive more than 60% yes votes?
Test statistic = ______________
p-value = ______________
Conclusion: ______________
Interpretation: __________________________________________

A Union Composed of Several Thousand Employees Is Preparing to Vote