7% . Assuming that average refers to the mean, which of the following claims mus
ID: 3408936 • Letter: 7
Question
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.
This year some of their clients will make a profit of at least 7.
Last year all of their clients made a profit of at least 7%.
Last year at least one of their clients made a profit of exactly
7%.
Last year some of their clients made a profit of more than 3%.
None of the above statements is true.
An investment company advertised that last year its clients, on average, made a profit of7%. 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
SInce Average profit is 7% , so some of them their client have profit more than 7% and some have less than 7%
SO 2nd option is correct
i.e. This year some of their clients will make a profit of at least 7.
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