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The following data is provided on the returns from a universe of mutual funds over the previous year: 1st Quartile 2nd Quartile 3rd Quartile Return

The following data is provided on the returns from a universe of mutual funds over the previous year:

1st Quartile 2nd Quartile 3rd Quartile
Return 8.0% 9.5% 9.8%

Which of the following statements is supported by the data?

Group of answer choices

A. The average fund return was between 9.5% and 9.8%.

B. Threequarters of funds achieved returns more than or equal to 9.8%.

C. One quarter of funds achieved returns that were less than or equal to 8%.

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