Let X Be a Random Variable Representing Dividend Yield of Australian

question 1

Multiple Choice

Let x be a random variable representing dividend yield of Australian bank stocks. We may assume that x has a normal distribution with $\sigma$ = 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 $\mu$ = 5.2%. Do these data indicate that the dividend yield of all Australian bank stocks is higher than 5.2%? Use $\alpha$ = 0.05. Find (or estimate) the P-value.

• A)0.931
• B)0.034
• C)0.069
• D)0.138
• E)1.862

---

Definitions:

Unconscious

Part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.

Awareness

The state or ability to perceive, feel, or be conscious of events, objects, or sensory patterns.

Recall

The cognitive process of retrieving information from memory without the aid of cues, often tested in memory experiments.

Wish Fulfillment

A concept in psychoanalytic theory where dreams or fantasies allow the unconscious fulfillment of desires that cannot be satisfied in real life.