Answer:
Yes, there will be sufficient evidence at the 0.02 level to support the company's claim
Explanation:
Firstly we need to state the null and alternative hypothesis for the above question
We also need to test whether the proportion of chips that fails before 1000 hours is under 0.44. Hence, our hypotheses will be:
H o: p = 0.48
H a: p > 0.48
Where P represent the proportion of Chips.