A sample of 1600 computer chips revealed that 56% of the chips fail in the first 1000 hours of their use. The company's promotional literature states that 59% 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. Make the decision to reject or fail to reject the null hypothesis at the 0.02 level.
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