Statement (4) describes an example of the equals() method behaving transitively. By the way, x, y,and z will all be the same type of wrapper. Statement (5) is true because x and y are referring to the same String object.
Statement (1) is incorrect—the fragment will compile. Statement (2) is incorrect because x == y means that the two reference variables are referring to the same object. Statement (3) will only be true if x and y refer to the same String. It is possible for x and y to refer to two different String objects with the same value.