**Question Analysis Example for Educational Website****Scenario:**An investment company advertised that last year its clients, on average, made a profit of 10%. Assuming that "average" refers to the mean, consider 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.**Statements to Evaluate:**1. Last year fewer than half of their clients made a profit of 10% or less.2. Two years ago some of their clients made a profit of at least 10%.3. Last year at least one of their clients made a profit of 10% or more.4. Last year at least one of their clients made a profit of exactly 10%.5. Last year all of their clients made a profit of more than 5%.6. None of the above statements are true.To analyze the validity of each statement based on the information provided:1. **Last year fewer than half of their clients made a profit of 10% or less.** - This statement is checking whether the average necessarily indicates the distribution of profits among the clients. 2. **Two years ago some of their clients made a profit of at least 10%.** - This statement refers to a period that's not covered by the average mentioned and will need additional context from other data sources to validate.3. **Last year at least one of their clients made a profit of 10% or more.** - To have an average of 10%, it is implied that there would be various profit levels among clients, implying that some clients must have made around or above 10%.4. **Last year at least one of their clients made a profit of exactly 10%.** - This statement implies that there is a specific data point exactly at 10%, which is not a necessity for calculating a mean of 10%.5. **Last year all of their clients made a profit of more than 5%.** - For an average (mean) to be 10%, it doesn't necessarily follow that all values must be substantially higher than a lower limit (such as 5%).6. **None of the above statements are true.** - This option should be considered if it's determined that none of the other statements hold given the mean profit data presented.**Diagram/Graphs Clarification:**- There are no

Name: **Question Analysis Example for Educational Website****Scenario:**An
Uploaded: 2024-03-20T07:07:12.000Z
Channel: Bartleby
Description: **Question Analysis Example for Educational Website****Scenario:**An investment company advertised that last year its clients, on average, made a profit of 10%. Assuming that "average" refers to the mean, consider which of the following claims must