A manufacturing process produces semiconductor chips with a known failure rate of 7.5%. If a random sample of 265 chips is selected, approximate the probability that more than 16 will be defective. Use the normal approximation to the binomial with a correction for continuity. Round your answer to at least three decimal places. Do not round any intermediate steps.

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2-Proportion Test

In a 2-proportion test, two separate proportions are measured at the same time, and their similarity is evaluated. It is also known as a 2-proportion z-test, and a comparison of two different proportions is done in this method.