A finance journal, which publishes research oncurrent financial topics, states that the maturity term for a certificate of deposit is, on average, 10 years. Abanker believes the average maturity term at their bank is different than the amount quoted in the finance journal. After completing a study, the banker found that the average maturity term for a certificate of depositis 8 years, on average.

As the banker sets up ahypothesis test to determine if theirbelief is correct, what is the banker'sclaim?

Select the correct answer below:

Certificates of depositmature at 10 years.

The average maturity term for a certificate of deposit is 10 years.

The average maturity term for a certificate of deposit is different than 8 years.

The average maturity term for a certificate of deposit is different than 10 years.