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A sample of 1500 1500 computer chips revealed that 26 % of the chips fail in...

A sample of 1500 1500 computer chips revealed that 26 % of the chips fail in the first 1000 hours of their use. The company's promotional literature claimed that  29 % fail in the first 1000 1000 hours of their use. Is there sufficient evidence at the 0.05 level to dispute the company's claim? State the null and alternative hypotheses for the above scenario.

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