Answer
$\frac{56}{168}$ are universities or colleges
Work Step by Step
To determine what fraction of licensees that are universities or colleges you must first find the total number of licensees represented by the graph.
$87+56+20+5=168$
A fraction represents $\frac{part}{whole}$, so if 56 licensees are universities or colleges the fraction that are universities or colleges is $\frac{56}{168}$