Final answer:
The interpretation of the p-value presented in the statement is invalid.
Step-by-step explanation:
The interpretation of a p-value is invalid, based on the given statement. The student says that the probability of getting results as extreme or more extreme than the ones observed in the study is 57.7%, assuming the drug is not effective. However, the correct interpretation of a p-value is the probability of getting results as extreme or more extreme than the ones observed, given that the null hypothesis (effectiveness of the drug) is true. Therefore, the correct interpretation would be that there is a 4% chance of obtaining the observed results or more extreme ones, if the drug is not effective.