A manufacturer finds that in a random sample of 100 of its tvs, 96% have no defects. The manufacturer wishes to make a claim about the percentage of nodefective tvs and is prepared to exaggerate. What is the highest rate of nondefective tvs that the manufacturer could claim in the following condition?
His claim would not be rejected at the 0.05 significant level if this sample data were used. Assume that a left tailed hypothesis test would be used.