9 Assuming that average refers to the mean which of the foll

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 some of their clients made a profit of at least

9%.

Last year fewer than half of their clients made a profit of 9%

or less.

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 more than 14%.

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.

Solution

last year at least one of their clients made profit of 9 %

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.

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