Lindsay D.

asked • 03/17/16

Can someone help me/check over with this statistics word 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 least $5 per share, and have reported annual revenue between $5 million and $1 billion. The table below show the ages of the chief executive officers for the first 60 ranked films.
 
 
  AGE           FREQUENCY           RELATIVE FREQUENCY         CUMULATIVE RELATIVE FREQUENCY
 
40-44                3                            
 
45-49               11
 
50-54               13
 
55-59               16
 
60-64               10
 
65-69               6
 
70-74               1
 
 
A.) What is the frequency for CEO ages between 54 and 65?
 
39
 
B.) What percentage of CEO's are 65 years or older?
 
0.1
 
C.) What is the relative frequency of ages under 50?
 
0.23
 
D.) What is the cumulative relative frequency for CEO's younger than 55?
 
0.72
 
 
I am not sure if I did the correctly I tired to fill in the blanks from the information I was given and if I did this right then the relative frequency would be blank/60 ie 3/60=0.05 and for the ones like 13/60 = 0.216 i just rounded to 0.22. I am not sure if i am supposed to but I thought that would be my best bet. Did I do this correctly?
 

1 Expert Answer

By:

Kenneth S. answered • 03/17/16

Tutor
4.8 (62)

Calculus will seem easy if you have the right tutor!

Lindsay D.

I see what i did wrong thank you
Report

03/17/16

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.