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Assuming that average refers to the mean, which of the following claims must be

ID: 3438232 • Letter: A

Question

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.

Explanation / Answer

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