A new car dealer calculates that the dealership must average more than 4.5% profit on sales of new cars in order to stay in business. To investigate whether they are meeting this standard, a random sample of 81 recent car sales were selected. This sample yielded a mean of 4.97% profit and a standard deviation of 1.8%. Using a significance level of = .05, does the sample data provide evidence to conclude that the dealership averages more than 4.5% profit on sales of new cars?

Group of answer choices

Yes, because the the sample mean is more than 4.5%.

Yes, because p = .0106is less than .05.

No, because t =2.35is more than 1.645

No,because the p-value is less than the critical value.