Final answer:
The interpretation of the p-value is that there is sufficient evidence to reject the claim that 35% of women had college educations in the 60s. The p-value is the probability of obtaining a test statistic as extreme as the one observed, or more extreme, given that the null hypothesis is true.
Step-by-step explanation:
The interpretation of the p-value in this case is that there is sufficient evidence to reject the claim that 35% of women had college educations in the 60s. The p-value is the probability of obtaining a test statistic as extreme as the one observed, or more extreme, given that the null hypothesis is true. A p-value of 0.0088 is less than the commonly used significance level of 0.05, indicating strong evidence against the null hypothesis.
Since the p-value is less than 0.05, we reject the null hypothesis and conclude that the proportion of women with college educations has increased from the 60s to the 70s.