subject
Mathematics, 29.11.2021 18:00 itz64

And investment company advertise that last year its clients on average made a profit of 7%. Assuming the average refers to the mean, Which of the following claims must be true based on this information? Last year some of their clients made a profit of exactly 7%. Last year some of their clients made a profit of less than 2%. Last year all their clients made a profit of at least 7%. Two years ago at least one of their clients made a profit of at least 7%. Last year more than half of their clients made a profit of at least 7%. Or none of the above statements are true.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 23:00
Unaware that 35% of the 10000 voters in his constituency support him, a politician decides to estimate his political strength. a sample of 200 voters shows that 40% support him. a. what is the population? b. what is the parameter of interest? state its value c. what is the statistics of the interest? state its value d. compare your answers in (b) and (c) is it surprising they are different? if the politician were to sample another 200 voters, which of the two numbers would most likely change? explain
Answers: 2
question
Mathematics, 22.06.2019 03:20
Each unit cost 14p, how much would 942 units cost?
Answers: 1
question
Mathematics, 22.06.2019 06:00
In a rational number twice the numerator is 2 more than the denominator. if 3 is added to each, numerator and the denominator, the new fraction is 2/3. find the original number
Answers: 1
question
Mathematics, 22.06.2019 07:00
Plz fasttommy has n friends. he wants to give each friend 5 pencils. write an expression to show how many pencils tommy will share
Answers: 1
You know the right answer?
And investment company advertise that last year its clients on average made a profit of 7%. Assuming...
Questions
question
Mathematics, 05.05.2021 01:00
question
History, 05.05.2021 01:00
question
History, 05.05.2021 01:00
question
Mathematics, 05.05.2021 01:00
question
Chemistry, 05.05.2021 01:00
question
Mathematics, 05.05.2021 01:00
Questions on the website: 13722361