Discussion:
Q: A sample is taken prior to a major election of likely voters. The null hypothesis is that the votes will be split 50/50. One candidate gets 54% of the support in the sample and the p-value for this sample is calculated to be 0.12.
a What is the correct interpretation of the p-value?
b Is it that there is a 95% probability that the the true population percentage is 54% plus/minus 12%? Or, am I confused about the interpretation?