Problem related to level of significance

Reference no: EM1319740

In a survey of 1,040 adults conducted by American Express Incentive Services, 593 responded that they would prefer being given $100 rather than a day off from work. At a 5% level of significance, is there enough evidence from this survey to conclude that more than half of all adults would rather have $100 than a day off?

Reference no: EM1319740

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