A random sample of 5 bank presidents indicated annual salaries of $395,000, $521,000, $483,000, $479,000, and $510,000. Which of the following statement is true? Select one: a. On average, at least 15% of the bank presidents’ salaries are above $500,000. b. On average, at most 15% of the bank presidents’ salaries are above $500,000. c. On average, at most 20% of the bank presidents’ salaries are below $500,000. d. On average, at least 20% of the bank presidents’ salaries are above $500,000.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.5: Interpreting Data
Problem 1C
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A random sample of 5 bank presidents indicated annual salaries of $395,000, $521,000, $483,000, $479,000, and $510,000. Which of the following statement is true? Select one: a. On average, at least 15% of the bank presidents’ salaries are above $500,000. b. On average, at most 15% of the bank presidents’ salaries are above $500,000. c. On average, at most 20% of the bank presidents’ salaries are below $500,000. d. On average, at least 20% of the bank presidents’ salaries are above $500,000.
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