In testing the following hypotheses Ho : p = 0.38 vs Ha: < 0.38, the p-value is found to be 0.8567 with a sample proportion of 0.35. Which of the following statements is true about the p-value? -The probability of observing a population proportion smaller than 0.35 if the true proportion is actually 0.38 is 0.8567. -The probability of observing a sample proportion smaller than 0.38 if the true proportion is actually 0.35 is 0.8567. -The probability of observing a sample proportion smaller than 0.35 if the true proportion is actually 0.38 is 0.8567. -Since the p-value is larger than the difference between 0.38 and 0.35 we should reject the null hypothesis.
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