The profitability of a new broadband internet firm depends on the proportion of potential customers who haven't entered into agreements with rival broadband providers. The new firm will enter the market if it has compelling evidence, at a = 0.05, that the proportion of customers who already have broadband access is less than 0.40. A sample size of 125 has been chosen.Suppose that the sample proportion observed is 0.32. The p-value of _______ for this test indicates __________should be rejected.

1. 0.03; H0
2. 0.03; HA
3. 0.97; H0
4. 0.97; neither H0 nor HA