A sample of1600computer chips revealed that24% of the chips fail in the first1000hours of their use. The
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Question:
A sample of1600computer chips revealed that24% of the chips fail in the first1000hours of their use. The company's promotional literature states that26%of the chips fail in the first1000hours of their use. The quality control manager wants to test the claim that the actual percentage that fail is different from the stated percentage. Find the value of the test statistic. Round your answer to two decimal places.
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