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An investment company advertised that last year its clients, on average, made a profit of...

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Basic Math

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An investment company advertised that last year its clients, on average, made a profit of 9%. 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 at least one of their clients made a profit of exactly 9%. Two years ago some of their clients made a profit of at least 9%. Last year, the number of their clients who made a profit of 9% or more was equal to the number of their clients who made a profit of 9% or less. Last year all of their clients made a profit of at least 9%. Last year at least one of their clients made a profit of less than 15%. None of the above statements are true. X ? ?

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