A State mediator working with union and management officials made a statement to the press including, "Theprobability of reaching an agreement on a new contract within a week is 0.05." This statement can beinterpreted to mean:

(a) A contract agreement is about to happen.

(b) It is likely a contract agreement will be reached within a week.

(c) A contract agreement may be reached within a week, it may not.

(d) It is very unlikely a contract agreement will be reached within a week.

(e) A contract agreement will definitely not be reached within a week.