12% of all college students volunteer their time. Is the percentage of college students who are volunteers smaller for students receiving financial aid? Of the 381 randomly selected students who receive financial aid, 34 of them volunteered their time. What can be concluded at the a = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: H₁: ✓ Select an answer ?✓ Select an answer ✓ c. The test statistic ? ✓ = (please enter a decimal) (Please enter a decimal) (please show your answer to 3 decimal places.) d. The p-value= e. The p-value is ? ✓ α f. Based on this, we should [Select an answer the null hypothesis. g. Thus, the final conclusion is that ... (Please show your answer to 4 decimal places.) O The data suggest the population proportion is not significantly lower than 12% at a = 0.05, so there is insufficient evidence to conclude that the percentage of financial aid recipients who volunteer is lower than 12%. The data suggest the population proportion is not significantly lower than 12% at x = 0.05, so there is sufficient evidence to conclude that the percentage of financial aid recipients who volunteer is equal to 12%. O The data suggest the populaton proportion is significantly lower than 12% at a = 0.05, so there is sufficient evidence to conclude that the percentage of financial aid recipients who volunteer is lower than 12%.