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ATA file CEOTime 20. CEO Time in Meetings. The London School of Economics and the Harvard Business School have conducted studies of how chief

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ATA file CEOTime 20. CEO Time in Meetings. The London School of Economics and the Harvard Business School have conducted studies of how chief executive officers (CEOs) spend their time. These studies have found that CEOS spend many hours per week in meetings, not including conference calls, business meals, and public events (The Wall Street Journal). Shown below is the time spent per week in meetings (hours) for a sample of 25 CEOS. 14 15 19 20 23 21 16 19 15 22 135 22222 12222 18 23 15 15 23 20 18 23 18 19 21 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. DATA file Franchise measures such as growth rate, number of locations, startup costs, and financial stability. The number of locations for the top 20 U.S. franchises follow (The World Almanac). Franchise No. U.S. Locations Franchise No. U.S. Locations Hampton Inn 1,864 Jan-Pro Franchising Intl. Inc. 12,394 ampm 3,183 Hardee's 1,901 McDonald's 32,805 Pizza Hut Inc. 13,281 7-Eleven Inc. 37,496 Kumon Math & Reading Centers 25,199 Supercuts 2,130 Dunkin' Donuts 9,947 Days Inn 1,877 KFC Corp. 16,224 Vanguard Cleaning Systems 2,155 Jazzercise Inc. 7,683 Servpro 1,572 Anytime Fitness 1,618 Subway 34,871 Matco Tools 1,431 Denny's Inc. 1,668 Stratus Building Solutions 5,018 Use classes 0-4999, 5000-9999, 10,000-14,999, and so forth to answer the following questions. a. Construct a frequency distribution and a percent frequency distribution of the num- ber of U.S. locations for these top-ranked franchises. b. Construct a histogram of these data. c. Comment on the shape of the distribution.

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