A sample of 900 computer chips reveal that 75% of the chips do not fail in the 1st 1000 hours of their use the company's promotional literature claim that above 72% do not fail in the 1st 1000 hours of their use. Is there a sufficient evidence at the 0.02 level to support the company's claim? State the null and alternative hypothesis for the above scenario

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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A sample of 900 computer chips reveal that 75% of the chips do not fail in the 1st 1000 hours of their use the company's promotional literature claim that above 72% do not fail in the 1st 1000 hours of their use. Is there a sufficient evidence at the 0.02 level to support the company's claim? State the null and alternative hypothesis for the above scenario
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