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