klogsdon4380
klogsdon4380
06.11.2020 • 
Mathematics

A sample of 1100 computer chips revealed that 53% of the chips fail in the first 1000 hours of their use. The company's promotional literature states that 56% of the chips fail in the first 1000 hours of their use. The quality control manager wants to test the claim that the actual percentage that fail is different from the stated percentage. Is there enough evidence at the 0.02 level to support the manager's claim? Step 4 of 7 : Determine the P-value of the test statistic. Round your answer to four decimal places.

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