A drug company claims that fewer than 1% of pills that it produces and ships fail to retain full potency after 60 days of production. An inspector inspects a shipment of medications to determine the efficacy in terms of the proportion p in the shipment that failed to retain full potency after 60 days of production. To do so, she selects an SRS of 200 pills. Suppose that eight of the 200 pills have failed to retain their full potency. Please select all TRUE statement below. Answer 1. H o colon space p space less than space.01 H 1 colon space p space greater or equal than space.01 2. H o colon space p space greater or equal than space.01 H 1 colon space p space less than space.01 3. The P-value for this hypothesis test is 1. 4. Since P-value > alpha, we fail to reject Ho. 5. We reject the drug company's claim that fewer than 1% of pills that it produces and ships fail to retain full potency after 60 days of production