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À magazine published data on the best small firms in a certain year. These were firms which had been publicly traded for at least a year, have a stock price of at le share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the chief executive officers for the first 56 ranked f Cumulative Relative Age Frequency Relative Frequency Frequency 40-44 3. 45-49 11 50-54 13 55-59 14 60-64 10 65-69 4 70-74 1. (a) What is the frequency for CE0 ages between (but not including) 54 and 65? (Enter your answer as a whole number.) 39 (b) What percentage of CEOS are 65 years or older? (Round your answer to the nearest whole number.) % (c) What is the relative frequency of ages under 50? (Round your answer to two decimal places.) (d) What is the cumulative relative frequency for CEOS younger than 55? (Round your answer to two decimal places.)

À magazine published data on the best small firms in a certain year. These were firms which had been publicly traded for at least a year, have a stock price of at le share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the chief executive officers for the first 56 ranked f Cumulative Relative Age Frequency Relative Frequency Frequency 40-44 3. 45-49 11 50-54 13 55-59 14 60-64 10 65-69 4 70-74 1. (a) What is the frequency for CE0 ages between (but not including) 54 and 65? (Enter your answer as a whole number.) 39 (b) What percentage of CEOS are 65 years or older? (Round your answer to the nearest whole number.) % (c) What is the relative frequency of ages under 50? (Round your answer to two decimal places.) (d) What is the cumulative relative frequency for CEOS younger than 55? (Round your answer to two decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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A magazine published data on the best small firms in a certain year. These were firms which had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the chief executive officers for the first 56 ranked firms. Cumulative Relative Age Frequency Relative Frequency Frequency 40-44 45-49 11 50-54 13 55-59 14 60-64 10 65-69 4 70-74 1 (a) What is the frequency for CEO ages between (but not including) 54 and 65? (Enter your answer as a whole number.) 39 (b) What percentage of CEOS are 65 years or older? (Round your answer to the nearest whole number.) (c) What is the relative frequency of ages under 50? (Round your answer to two decimal places.) (d) What is the cumulative relative frequency for CEOS younger than 55? (Round your answer to two decimal places.) 3.
Transcribed Image Text:A magazine published data on the best small firms in a certain year. These were firms which had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the chief executive officers for the first 56 ranked firms. Cumulative Relative Age Frequency Relative Frequency Frequency 40-44 45-49 11 50-54 13 55-59 14 60-64 10 65-69 4 70-74 1 (a) What is the frequency for CEO ages between (but not including) 54 and 65? (Enter your answer as a whole number.) 39 (b) What percentage of CEOS are 65 years or older? (Round your answer to the nearest whole number.) (c) What is the relative frequency of ages under 50? (Round your answer to two decimal places.) (d) What is the cumulative relative frequency for CEOS younger than 55? (Round your answer to two decimal places.) 3.
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