erage 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, the number of their clients who made a profit of more than 7%

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 7%. 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, the number of their clients who made a profit of more than
7%
was equal to the number of their clients who made a profit of less than
7%
.
 
 
Last year all of their clients made a profit of
7%
or more.
 
 
Two years ago some of their clients made a profit of at least
7%
.
 
 
Last year at least one of their clients made a profit of exactly
7%
.
 
 
Last year at least one of their clients made a profit of less than
12%
.
 
 
None of the above statements are true.
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