Letxbe a random variable representing dividend yield of Australian bank stocks. We may assume thatxhas a normal distribution withA random sample of 25 Australian bank stocks has a sample mean ofFor the entire Australian stock market, the mean dividend yield isDo these data indicate that the dividend yield of all Australian bank stocks is higher than 5%? UseAre the data statistically significant at the given level of significance? Based on your answers, will you reject or fail to reject the null hypothesis?

Group of answer choices

A. The P-value is less than the level of significance and so the data are not statistically significant. Thus, we fail to reject the null hypothesis.

B. The P-value is less than the level of significance and so the data are statistically significant. Thus, we fail to reject the null hypothesis.

C. The P-value is greater than the level of significance and so the data are statistically significant. Thus, we fail to reject the null hypothesis.

D. The P-value is greater than the level of significance and so the data are not statistically significant. Thus, we fail to reject the null hypothesis.

E. The P-value is less than the level of significance and so the data are statistically significant. Thus, we reject the null hypothesis.