Union Contract Narrative a Union Composed of Several Thousand Employees Is Preparing to Is

Essay

Union Contract Narrative
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.
-Refer to Union Contract Narrative. Can we infer at the 5% significance level that the new contract will receive more than 60% yes votes? Justify your conclusion.