We study the origin of the solar p-mode intensity-velocity phase difference
s at high degree (l > 100). Observations show phase differences that are ve
ry different from those derived from linear theory alone. The theory predic
ts a smooth variation with frequency, dependent only on atmospheric paramet
ers, while observations show large fluctuations across modal frequencies. W
e support previous suggestions that fluctuations in the intensity-velocity
phase differences and line asymmetries in the intensity and velocity power
spectra are produced by "contamination" of the p-mode signal with noise cor
related with the excitation sources. It is demonstrated that the qualitativ
e shares of the observed phase-difference and power spectra can be realized
only if both temperature (intensity) and velocity (Doppler shift) observat
ions contain correlated noise. Moreover, the details of the observed spectr
a allow only a limited choice of noise parameters and constrain well the co
nvective process responsible for p-mode excitation. The inferred correlated
noise signals are consistent with the (visible) formation of convective do
wnflows accompanied by darkening (lowered emergent intensity) and subsequen
t acoustic excitation. An upward velocity pulse follows after the wave exci
tation, which suggests overshoot of inflowing material that fills in the ev
acuated volume in the wake of the new downflow.