A Chi-Square Goodness of Fit Test yields a p-value of 0.03. If the significance level is set at 0.05, what conclusion can be drawn?

• A. The test needs to be repeated with a larger sample size.
• B. Fail to reject the null hypothesis; there is no significant difference between observed and expected frequencies.
• C. Reject the null hypothesis; there is a significant difference between observed and expected frequencies.
• D. The test is inconclusive.

Answer: (C)