Find (or estimate) theP-value. (Enter a number. Round your answer to four decimal places.)nk stocks is higher than4.9%? Usea=0.01.

Let x be a random variable representing dividend yield of bank stocks. We may assume that x has a normal distribution withs=2.6%.A random sample of10 bankstocks gave the following yields (in percents).

  • 5.7
  • 4.8
  • 6.0
  • 4.9
  • 4.0
  • 3.4
  • 6.5
  • 7.1
  • 5.3
  • 6.1

The sample mean isx bar= 5.38%. Suppose that for the entire stock market, the mean dividend yield isµ=4.9%.Do these data indicate that the dividend yield of all baCompute thezvalue of the sample test statistic. (Enter a number. Round your answer to two decimal places.)

(c)

Find (or estimate) theP-value. (Enter a number. Round your answer to four decimal places.)nk stocks is higher than4.9%? Usea=0.01.

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