A sample of 20 financial analysts was asked to provide forecasts of earnings per share of a corporation for next year. The results are summarized in the following table:

a. Construct the histogram.
b. Determine the relative frequencies.
c. Determine the cumulative frequencies.
d. Determine and interpret the relative cumulative frequencies.

Transcribed Image Text:

Forecast ($ per share) 9.95 < 10.45 10.45 < 10.95 10.95<11.45 11.45 <11.95 11.95 < 12.45 Number of Analysts 3