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 C= 9 = 1-1 (°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 = (Round your response to three decimal place.) ☐ °C Determine whether the following variables are random or not: 1. The time it takes to commute to school. 2. The daily return of a stock. Random Not 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 C= 9 = 1-1 (°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 = (Round your response to three decimal place.) ☐ °C Determine whether the following variables are random or not: 1. The time it takes to commute to school. 2. The daily return of a stock. Random Not 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
C=
9
= 1-1 (°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 =
(Round your response to three decimal place.)
☐ °C

Transcribed Image Text:Determine whether the following variables are random or not:
1. The time it takes to commute to school.
2. The daily return of a stock.
Random
Not random
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