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8% . Assuming that average refers to the mean, which of the following claims mus

ID: 3409623 • Letter: 8

Question

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.

Last year some of their clients made a profit of at least

8%.

Last year more than half of their clients made a profit of at least

8%.

Last year at least one of their clients made a profit of more than

2%.

Two years ago some of their clients made a profit of at least 8%.

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

Two statements can be true here

Second option that more than half of the clients made a profit of at least 8%. It is not necessarily true but can be true.

At least one client made more then 2%.since average is 8 so profit has to be greater than 2.manywill be there whose profit will be more then 2%.

So option B and Cl

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