I need hep with this question . Forbes magazine published data on the best small

Question

I need hep with this question .

Forbes magazine published data on the best small firms in 2012. These were firms which had been publicly traded for at least a year, have a stock price of at $5 per share, and have reported annual revenue between least $5 million and $1billion. The Table shows the ages of the chief executive officers for the first 50 ranked firms (40-45) is to be read 40 up to but not including 45 Age Frequency Relative Frequency Cumulative Relative Frequency 40-45 45-50 50-55 55-60 60-65 65-70 70-75 Complete the Table and then answer the following questions: 10 items 1 item selected 667 KB

Explanation / Answer

Number of CEOs between 55 and 65 = 14+8 = 22

Percentage of CEOS that are 65 or older = (4+1)x100/50 = 10

Percentage of CEOS that are 50 or older = 38x100/50 = 76

Percentage of CEOS that are younger than 55 = (3+9+11)x100/50 = 46

Frequency Relative frequency Cumulative relative frequency 40-45 3 3/50 3/50 45-50 9 9/50 12/50 50-55 11 11/50 23/50 55-60 14 14/50 37/50 60-65 8 8/50 45/50 65-70 4 4/50 49/50 70-75 1 1/50 1

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