An investment company advertised that last year its clients, on average, made a profit of  9% . 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 more than half of their clients made a profit of at least  9% .     Last year at least one of their clients made a profit of exactly  9% .     Last year at least one of their clients made a profit of  9%  or more.     Two years ago some of their clients made a profit of at least  9% .     Last year all of their clients made a profit of less than  16% .     None of the above statements is 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 
9%
. 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 more than half of their clients made a profit of at least 
9%
.
 
 
Last year at least one of their clients made a profit of exactly 
9%
.
 
 
Last year at least one of their clients made a profit of 
9%
 or more.
 
 
Two years ago some of their clients made a profit of at least 
9%
.
 
 
Last year all of their clients made a profit of less than 
16%
.
 
 
None of the above statements is true.
 
 
 
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