The student conducted an experiment to observe osmosis in eggs placed in corn syrup and water. They hypothesized that the corn syrup egg would gain weight and stay the same size, while the water egg would maintain weight but shrink in size. After 24 hours, measurements showed the corn syrup egg lost weight and shrank, while the water egg gained weight and increased in size, disproving the initial hypotheses. The results demonstrated that osmosis occurred across the eggs' membranes as water moved between areas of higher and lower concentration.