=+50. Performance standards. The U.S. Golf Association

(USGA) sets performance standards for golf balls. For example, the initial velocity of the ball may not exceed 250 feet per second when measured by an apparatus approved by the USGA. Suppose a manufacturer introduces a new kind of ball and provides a randomly selected sample of balls for testing. Based on the mean speed in the sample, the USGA comes up with a P-value of 0.34. Explain in this context what the 34% represents.