In testing the following hypotheses H0:p=0.58vsHa:p<0.58H0:p=0.58vsHa:p<0.58, the p-value is found to be .0712, with a sample proportion of 0.48. Which of the following statements is true about the p-value?

In testing the following hypotheses H0:p=0.58vsHa:p<0.58H0:p=0.58vsHa:p<0.58, thep-valueis found to be.0712,with a sample proportion of 0.48. Which of the following statements is true about thep-value?

The probability of observing a population proportion smaller than 0.48 if the true proportion is actually 0.58 is .0712.

The probability of observing a sample proportion smaller than 0.48 if the true proportion is actually 0.58 is .0712.

Since the p-value is larger than the difference between 0.48 and 0.58 we should reject the null hypothesis.

The probability of observing a sample proportion smaller than 0.58 if the true proportion is actually 0.48 is .0712.