A sample of five Fortune 500 companies showed the following revenues ($ millions) : 7505.0, 2904.7, 7208.4, 6819.0, and 19500.0.Based on this information, which of the following statements is correct?
A) An estimate of the average revenue for all Fortune 500 companies is 8787.42 ($ millions) .
B) The average revenue for all Fortune 500 companies is 8787.42 ($ millions) .
C) Over half of all Fortune 500 companies earn at least 7208.4 ($ millions) in revenues.
D) If five other Fortune 500 companies were chosen, the average revenue would be 8787.42 ($ millions) .
Correct Answer:
Verified
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