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Molly works for a meat producer, and she needs to determine whether containers of ground beef have the correct fat content. She obtains a random sample of 120 containers of ground beef and finds that 84 percent have the correct fat content. Molly then conducts a hypothesis test of H0:p=0.80 versus Ha:p≠0.80 and calculates a test statistic of 1.10 with a p-value of 0.273. Which of the following best represents the meaning of the p-value?
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