Question
An investment company advertised that last year its clients, on average, made a profit of 7% . Assuming that average refers to the mean, which
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.
Two years ago some of their clients made a profit of at least 7%.
Last year more than half of their clients made a profit of at least 7%.
Last year some of their clients made a profit of 7% or more.
Last year at least one of their clients made a profit of less than 10%.
Last year at least one of their clients made a profit of exactly 7% .
None of the above statements are true.
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