Assuming that average refers to the mean which of the follow

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 some of their clients made a profit of less than 2%.

Last year some of their clients made a profit of exactly 8%.

This year at least one of their clients will make a profit of at least 8%.

Last year, the number of their clients who made a profit of 8% or less was equal to the number of their clients who made a profit of 8% or more.

None of the above statements is true.

An investment company advertised that last year its clients, on average, made a profit of 8%.

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.

Solution

1) false we dont know about all

2) false, we dont know about less than 2%.

3) false beacuse \"exactly\" would be true in case of mode only.

4) false, cant say about this year

5) false, this is property of median

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

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