Letxbe a random variable representing dividend yield of Australian bank stocks. We may assume thatxhas a normal distribution withq=2.1%A random sample of 25 Australian bank stocks has a sample mean x=8.77% ofFor the entire Australian stock market, the mean dividend yield is u=5%Do these data indicate that the dividend yield of all Australian bank stocks is higher than 5%? Usea=0.1Are the data statistically significant at the given level of significance? Based on your answers, will you reject or fail to reject the null hypothesis?

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.