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A sample of 1500 computer chips revealed that 55% of the chips do not fail in...

A sample of 1500 computer chips revealed that 55% of the chips do not fail in the first 1000 hours of their use. The company's promotional literature states that 53% of the chips do not fail in the first 1000 hours of their use. The quality control manager wants to test the claim that the actual percentage that do not 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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Excel add-in (Mega Stat) procedure Step 1: In EXCEL, Select Add-Ins> Mega Stat> Hypothesis Tests Step 2: Choose Proportion vsThe critical values are Zeit +1.96 Conclusion: Since z1.55)1.96), then do not reject the null hypothesis. (-1.96), then do no

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