You are conducting a significance test of H0: μ = 1.6 against Ha: μ ≠ 1.6. After checking the conditions are met from a simple random sample of 28 observations, you obtain t = 2.79. Based on this result, describe the p-value.

The p-value falls between 0.05 and 0.1.
The p-value falls between 0.0025 and 0.005.
The p-value falls between 0.02 and 0.025.
The p-value falls between 0.005 and 0.01.
The p-value is less than 0.005