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 of8%. 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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