A Animal researchers studying cows and horses conducted a two-sample t-test for a difference in means to investigate whether grazing cows eat more grass, on average, than grazing horses. All conditions for inference were met, and the test produced a test statistic of t=1.064 and a P-values of 0.0487 Which of the following is a correct interpretation of the P-value?
a. The probability that cows eat more grass than horses, on average, is 0.0487.
b. The probability that cows eat the same amount of grass as horses, on average, is 0.0487
c. Assuming that the mean amount of grass eaten by cows is greater than the mean amount of grass eaten by horses, the probability of observing a test statistic of at most 1.664 is 0.0487.
d. Assuming that the mean amount of grass eaten by cows is equal to the mean amount of grass eaten by horses, the probability of observing a test statistic of at most 1.664 is 0.0487.
e. Assuming that the mean amount of grass eaten by cows is equal to the mean amount of grass eaten by horses, the probability of observing a test statistic of at least 1.664 is 0.0487.