using an initial class boundary of 29.5, add or remove classes from the figure. L
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following is a list of P/E ratios (current stock price divided by company's earnings per share) for 16 companies.
57, 53, 50, 46, 42, 35, 41, 41, 41, 37, 37, 34, 34, 34, 30, 30
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Draw the histogram for these data using an initial class boundary of 29.5, an ending class boundary of 59.5, and 5 classes
of equal width. Note that you can add or remove classes from the figure. Label each class with its endpoints.
Frequency
6
5+
4+
3+
1
P/E ratio
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