Assume that a study of 500 randomly selected airplane routes showed that 482 arrived on time. Select the correct interpretation of the probability of an airplane arriving late. Interpret an event as...

Assume that a study of 500 randomly selected airplane routes showed that 482 arrived on time.
Select the correct interpretation of the probability of an airplane arriving late. Interpret an event as
significant if its probability is less than or equal to 0.05.