Step 1: Understand the meaning of the graph not intersecting the X-axis
If the graph of the polynomial \( y = p(x) \) does not intersect the X-axis, it means that there are no real roots or zeros of the polynomial. This happens when the polynomial has no real solutions.
Step 2: Conclusion
Since the graph does not intersect the X-axis, there are no real zeros for \( p(x) \). Therefore, the zeroes do not exist.
The correct option is \( (3) \).