Final answer:
The new keyword in Java is a method that is used to create objects. It allocates memory for an object of a class and initializes its attributes using the class constructor.
Step-by-step explanation:
The statement is true. The new keyword in Java is a method that is used to create objects. When the new keyword is called with a class name, it allocates memory for an object of that class and initializes its attributes using the class constructor.
For example, consider the following code:
MyClass obj = new MyClass();
In this code, the new keyword is used to create a new object of the MyClass class. The obj variable will be assigned a reference to the newly created object.