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In: Statistics and Probability

A sample of 800 computer chips revealed that 75% of the chips do not fail in...

A sample of 800 computer chips revealed that 75% of the chips do not fail in the first 1000 hours of their use. The company's promotional literature claimed that more than 72% do not fail in the first 1000 hours of their use. Is there sufficient evidence at the 0.01 level to support the company's claim?

Step 1 of 1:

State the null and alternative hypotheses for the above scenario.

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