Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Entrepreneur magazine ranks franchises using performance measures such as growth rate, number of locations, startup costs, and financial stability. The number of locotions for the

Entrepreneur magazine ranks franchises using performance measures such as growth rate, number of locations, startup costs, and financial stability. The number of locotions for the top 20 U.S. franchises follow (The World Aimanac).
DATA (file?)
\table[[Franchise,No. U.S.,No. U.S.,],[Hampton Inn,Locations,Franchise,Locations],[ampm,1,864,Jan-Pro Franchising IntI. Inc.,12,394],[McDonald's,3,183,Hardee's,1,901],[7-Eleven Inc.,32,805,Pizza Hut Inc.,13,281],[Supercuts,37,496,Kumbi Math & Reading Centers,25,199],[Days Inn,2,130,Dunkin' Donuts,9,947],[Vanguard Cleaning Systems,1,877,KFC Corp.,16,224],[Servpro,2,155,Jazzercise Inc.,7,683],[Subway,1,572,Anytime Fitness,1,618],[Denny's Inc.,34,871,Matco Tools,1,431]]
Use classes 0-4,999,5,000-9,999,10,000-14,999, and so forth to answer the following questions.
a. Construct a frequency distribution and a percent frequency distribution of the number of U.S. locations for these top-ranked franchises. If your answer is "zero", enter "0".
Round your answers to the nearest whole number.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management For Competitive Advantage

Authors: Richard B. Chase, F. Robert Jacobs

11th Edition

72983906, 71115528, 9780071115520, 978-0072983913

More Books

Students also viewed these General Management questions

Question

What is the term for the back teeth?

Answered: 1 week ago

Question

The space between two teeth?

Answered: 1 week ago