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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 shows the ages of the chief executive officers for the first 54 ranked firms.
Age Frequency Relative Frequency Cumulative Relative Frequency
40-44 3
45-49 5
50-54 8
55-59 16
60-64 14
65-69 7
70-74 1
Q. What percentage of CEOs are 65 years or older? Round your answer to the nearest tenth. Answer: In percentage
Q. What is the relative frequency of ages under 50? If responding using a decimal, round your answer to the nearest hundreth.
Q. What is the cumulative frequency for CEOs younger than 60?
This is not a tutor’s work, I’m asking for assistance for a problem.
 
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