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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. 0 0 Last year, the number of their clients who made a profit of 9% or less was equal to the number of their clients who made a profit of 9% or more. 0 Last year all of their clients made a profit of more than 3%. O Last year some of their clients made a profit of 9% or more. Last year some of their clients made a profit of exactly 9%. This year at least one of their clients will make a profit of at least 9%. None of the above statements are true. X 3

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. 0 0 Last year, the number of their clients who made a profit of 9% or less was equal to the number of their clients who made a profit of 9% or more. 0 Last year all of their clients made a profit of more than 3%. O Last year some of their clients made a profit of 9% or more. Last year some of their clients made a profit of exactly 9%. This year at least one of their clients will make a profit of at least 9%. None of the above statements are true. X 3

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 16HP
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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. 0 0 O Last year, the number of their clients who made a profit of 9% or less was equal to the number of their clients who made a profit of 9% or more. 0 Last year all of their clients made a profit of more than 3%. Last year some of their clients made a profit of 9% or more. Last year some of their clients made a profit of exactly 9%. This year at least one of their clients will make a profit of at least 9%. None of the above statements are true. Explanation Check с X hp Oll Ś & ©2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center 0 ✔
Transcribed Image Text: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. 0 0 O Last year, the number of their clients who made a profit of 9% or less was equal to the number of their clients who made a profit of 9% or more. 0 Last year all of their clients made a profit of more than 3%. Last year some of their clients made a profit of 9% or more. Last year some of their clients made a profit of exactly 9%. This year at least one of their clients will make a profit of at least 9%. None of the above statements are true. Explanation Check с X hp Oll Ś & ©2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center 0 ✔
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