Is this what P means? When asked to explain the meaning of “the P-value was 0.03," a student says, "It means there is only probability 0.03 that the nu1l hypothesis is true. Is this an essentially...

Extracted text: Is this what P means? When asked to explain the meaning of “the P-value was 0.03," a student says, "It means there is only probability 0.03 that the nu1l hypothesis is true. Is this an essentially correct explanation? Explain your answer.