In July, Seattle's daily high temperature has a mean of 75°F and a standard deviation of 6°F. The formula to convert degrees Fahrenheit °F to degrees Celsius ˚C is: 5 (°F-32) Use this information to answer the following questions. Compute the mean of Seattle's daily high temperature in degrees Celsius ˚C. The mean of the daily high temperature in degrees Celcius = 23.889 °C (Round your response to three decimal place.) Compute the standard deviation of Seattle's daily high temperature in degrees Celsius ˚C. The standard deviation of the daily high temperature in degrees Celisius = ☐ °C (Round your response to three decimal places) Determine whether the following variables are random or not: 1. The time it takes to commute to school. Random 2. The daily return of a stock. Random 3. The number of days in a week. 4. The gender of the next person 5. The number of times it rains dur Not random Random
In July, Seattle's daily high temperature has a mean of 75°F and a standard deviation of 6°F. The formula to convert degrees Fahrenheit °F to degrees Celsius ˚C is: 5 (°F-32) Use this information to answer the following questions. Compute the mean of Seattle's daily high temperature in degrees Celsius ˚C. The mean of the daily high temperature in degrees Celcius = 23.889 °C (Round your response to three decimal place.) Compute the standard deviation of Seattle's daily high temperature in degrees Celsius ˚C. The standard deviation of the daily high temperature in degrees Celisius = ☐ °C (Round your response to three decimal places) Determine whether the following variables are random or not: 1. The time it takes to commute to school. Random 2. The daily return of a stock. Random 3. The number of days in a week. 4. The gender of the next person 5. The number of times it rains dur Not random Random
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:In July, Seattle's daily high temperature has a mean of 75°F and a standard deviation of 6°F.
The formula to convert degrees Fahrenheit °F to degrees Celsius ˚C is:
5
(°F-32)
Use this information to answer the following questions.
Compute the mean of Seattle's daily high temperature in degrees Celsius ˚C.
The mean of the daily high temperature in degrees Celcius = 23.889 °C
(Round your response to three decimal place.)
Compute the standard deviation of Seattle's daily high temperature in degrees Celsius ˚C.
The standard deviation of the daily high temperature in degrees Celisius = ☐ °C
(Round your response to three decimal places)

Transcribed Image Text:Determine whether the following variables are random or not:
1. The time it takes to commute to school. Random
2. The daily return of a stock. Random
3. The number of days in a week.
4. The gender of the next person
5. The number of times it rains dur
Not random
Random
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