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.
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
. Assuming that average refers to the mean, which of the following claims must be true based on this information?
9%
Note: More than one statement could be true. If none of the statements is true, mark the appropriate box.
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