An investment company advertised that last year its clients, on average, made a profit of 10%. Assuming that average refers to the mean, which of the following claims must be true based on this information? Note: More than one statement could be true. If none of the statements is true, mark the appropriate box. Last year fewer than half of their dlients made a profit of 10% or less. Two years ago some of their dients made a profit of at least 10%. Last year at least one of their dlients made a profit of 10% or more. Last year at least one of their dlients made a profit of exactly 10%. O Last year all of their clients made a profit of more than 5%. O None of the above statements are true.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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An investment company advertised that last year its clients, on average, made a profit of 10%. Assuming that average refers to the mean, which of the
following claims must be true based on this information?
Note: More than one statement could be true. If none of the statements is true, mark the appropriate box.
Last year fewer than half of their dlients made a profit of
10% or less.
?
Two years ago some of their clients made a profit of at least
10%.
Last year at least one of their clients made a profit of
10% or more.
Last year at least one of their clients made a profit of
exactly 10%.
O Last year all of their clients made a profit of more than 5%.
None of the above statements are true.
Transcribed Image Text:An investment company advertised that last year its clients, on average, made a profit of 10%. Assuming that average refers to the mean, which of the following claims must be true based on this information? Note: More than one statement could be true. If none of the statements is true, mark the appropriate box. Last year fewer than half of their dlients made a profit of 10% or less. ? Two years ago some of their clients made a profit of at least 10%. Last year at least one of their clients made a profit of 10% or more. Last year at least one of their clients made a profit of exactly 10%. O Last year all of their clients made a profit of more than 5%. None of the above statements are true.
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Follow-up Question
A weight-loss clinic advertised that last month its patients, on average, lost 6 lb. Assuming that average refers to the mean, which of the following claims must
be true based on this information?
Note: More than one statement could be true. If none of the statements are true, mark the appropriate box.
This month at least one of their patients will lose at least
6 lb.
Last month all of their patients lost more than 3 lb.
Last month some of their patients lost exactly 6 lb.
Last month fewer than half of their patients lost 6 lb or
less.
Last month at least one of their patients lost at least 6 lb.
None of the above statements are true.
X
Ś
Transcribed Image Text:A weight-loss clinic advertised that last month its patients, on average, lost 6 lb. Assuming that average refers to the mean, which of the following claims must be true based on this information? Note: More than one statement could be true. If none of the statements are true, mark the appropriate box. This month at least one of their patients will lose at least 6 lb. Last month all of their patients lost more than 3 lb. Last month some of their patients lost exactly 6 lb. Last month fewer than half of their patients lost 6 lb or less. Last month at least one of their patients lost at least 6 lb. None of the above statements are true. X Ś
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