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.
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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