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A teacher is giving an exam with 20 multiple-choice questions, each with four possible answers. The teacher's null hypothesis is that the student is just

A teacher is giving an exam with 20 multiple-choice questions, each with four possible answers. The teacher's null hypothesis is that the student is just guessing, and the population proportion of success is 0.25. Suppose we do a test with a significance level of 0.01. Write a sentence describing the significance level in the context of the hypothesis test.

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