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Solution: 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

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. Table 1.37 shows the ages of the chief executive officers for the first 60 ranked firms.

^Age	^Frequency	^{Relative Frequency}	^{Cumulative Relative Frequency}
^40-44	³
^45-49	¹¹
^50-54	¹³
^55-59	¹⁶

^{Table 1.37}

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Solution: 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

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