Elementary Statistics (12th Edition)

Published by Pearson
ISBN 10: 0321836960
ISBN 13: 978-0-32183-696-0

Chapter 1 - Introduction to Statistics - 1-3 Types of Data - Beyond the Basics - Page 23: 35

Answer

A 500% reduction isn't possible.

Work Step by Step

Like the past 2 questions, the given statement cannot be true. Something cannot fall by more than 100%, as that is when there is nothing left. A better statement would be "Foreign investment fell 93%."
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