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Let X Be a Random Variable Representing Dividend Yield of Australian

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Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with σ\sigma = 2.9%. A random sample of 14 Australian bank stocks has a sample mean of x = 6.35%. For the entire Australian stock market, the mean dividend yield is μ\mu = 5.2%. Do these data indicate that the dividend yield of all Australian bank stocks is higher than 5.2%? Use α\alpha = 0.05. Find (or estimate) the P-value.

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Needs Analysis

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The process of reviewing the development, work environment, personnel, and operation of a business or another type of association.

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