Correct answer: 0.691 per minute
The decay constant can be calculated using the formula for radioactive decay: \( A = A_0 e^{-\lambda t} \). Taking the natural logarithm of both sides and solving for \( \lambda \), we get \( \lambda = \frac{1}{t} \ln \frac{A_0}{A} \). Substituting \( A_0 = 9750 \), \( A = 975 \), and \( t = 5 \) minutes, \( \lambda \approx 0.691 \) per minute.