For each of the following statements, select Yes if the statement can be shown to be true with the information provided. Otherwise, select No.

Every charter operator of a TC vessel capable of transporting more than 50,000 metric tons of goods pays more than €600,000 a month in rental fees to the owner. (Assume a month has 30 days.).....Yes
If charter is to pay more than €600,000 a month in rental fees, the average daily rental fees it needs to pay should be €20,000. There are 6 vessels capable of transporting more thane 50000 metric tons of goods, of which 3 are TC type and 3 are BC type.

Daily rental fee of TC Type vessel:
Agamemnon II = 22000
Amore Mio II = 25000
Ayrton II = 22000

Daily rental fee of BC Type vessel:
Alexandoris II = 13000
Aris II = 13000
Aristotelis II = 13000

So, all the TC type vessels TC vessel capable of transporting more than 50,000 metric tons of goods pays more than €600,000 a month in rental fees to the owner.

The median daily rate of a BC vessel is greater than the median daily rate of a TC vessel.....Yes
There are 11 TC type vessels and 8 BC type vessels.

Daily rate of TC Type vessel:
11850, 11850, 12500, 12500, 12591, 12838, 14000, 14259, 22000, 22000, 25000
Median = 12838

Daily rate of BC Type vessel:
13000, 13000, 13000, 15000, 15000, 15000, 16825, 16825
Median = \(\frac{15000+15000}{2}\) = 15000

There is a positive correlation between the duration of the charter contract and the daily operating expenses of the vessel....No

We can see that there are 3 vessels each (total 6) with a duration of contract 8 & 10 years. The daily operating expenses of these vessels is only €250. There are other vessels with much less duration of contract and higher daily operating expenses.

The correct sequence is Yes, Yes, No