The London School of Economics and the Harvard Business School conducted a study of how chief executive

Question:

The London School of Economics and the Harvard Business School conducted a study of how chief executive officers (CEOs) spend their day. The study found that CEOs spend on average about 18 hours per week in meetings, not including conference calls, business meals, and public events (The Wall Street Journal, February 14, 2012). Shown below is the time spent per week in meetings (hours) for a sample of 25 CEOs.

a. What is the least amount of time spent per week on meetings? The highest?
b. Use a class width of two hours to prepare a frequency distribution and a percent frequency distribution for the data.
c. Prepare a histogram and comment on the shape of the distribution.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...