Answer:
The correct option is option 2.
Explanation:
In this case we need to test whether the previous data for the proportion of Americans who favored mandatory testing of students in public schools as a way to rate the school has decreased this year or not.
The hypothesis can be defined as follows:
H₀: The proportion supporting mandatory testing is not less than 74% this year, i.e. p ≥ 0.74.
Hₐ: The proportion supporting mandatory testing is less than 74% this year, i.e. p < 0.74.
It is provided that the p-value of the test is,
p-value = 0.015
The p-value is well defined as per the probability, [under the null hypothesis (H₀)], of attaining a result equivalent to or more extreme than what was truly observed.
The p-value of 0.015 or 1.5% implies that, if it is true that 74% of Americans still favor mandatory testing this year, then the probability that the poll results will show that 71% or less with the same opinion is 1.5%.
Thus, the correct option is option 2.