Step 1 :State the null hypothesis $H_{0}$ and the alternative hypothesis $H_{1}$ as: $H_{0}: \sigma=0.70$ and $H_{1}: \sigma<0.70$
Step 2 :Identify the type of test statistic to use, which is a Chi-square test. The degrees of freedom are calculated as n-1 = 24-1 = 23
Step 3 :Calculate the value of the test statistic using the formula: $\chi^2 = (n-1) * (s^2 / \sigma^2)$, which gives $\chi^2 = (23) * (0.55^2 / 0.70^2)$, resulting in $\chi^2 = 14.199$ (rounded to three decimal places)
Step 4 :Determine the p-value, which is the probability that a Chi-square statistic having 23 degrees of freedom is more extreme than 14.199. Using a Chi-square distribution table or a statistical calculator, we find that the p-value is less than 0.05
Step 5 :Since the p-value is less than the level of significance (0.05), we reject the null hypothesis. Therefore, there is enough evidence to support the claim that the standard deviation of the amount of lubricant applied per evaporator following the software update is less than 0.70. This is represented as \(\boxed{\text{Reject } H_{0}}\)