In a recent sample of houses that have sold.

In a recent sample of houses that have sold. On testing the null hypothesis that 50% of the houses take more than three months to sell against the hypothesis that more than 50% of the houses take more than three months to sell, they find a P-value of 0.034. Which of these conclusions is appropriate? Please be sure to justify your selection and provide supporting details.a) There’s a 3.4% chance that 50% of the houses takemore than three months to sell.b) If 50% of the houses take more than three months tosell, there’s a 3.4% chance that a random sample wouldproduce a sample proportion as high as the one they obtained.c) There’s a 3.4% chance that the null hypothesis is cor-rect.d) There’s a 96.6% chance that 50% of the houses takemore than three months to sell.

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