Asked by demeris moore on Jul 08, 2024
Verified
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: __________________________________________
Significance Level
The probability of rejecting the null hypothesis when it is true, used as a criterion for deciding whether an observed effect is statistically significant.
Contract Vote
A term that may involve decision-making or voting processes related to agreements or contracts, but is not a recognized key term in a specific academic or technical context.
Yes Votes
The count of affirmative responses or approvals in a voting scenario.
- Use applicable statistical strategies to analyze variations in population proportions.
- Carry out hypothesis testing pertaining to single proportions and realize the relationship between test statistics and p-values.
Verified Answer
VS
vicmarie simpriJul 10, 2024
Final Answer :
1.83; 0.0336; Reject H0; The new contract will receive more than 60% yes votes
Learning Objectives
- Use applicable statistical strategies to analyze variations in population proportions.
- Carry out hypothesis testing pertaining to single proportions and realize the relationship between test statistics and p-values.