Question
The table below provides the average monthly high temperatures in degrees Fahrenheit for Champaign-Urbana, IL. The averages are based on the past 30 years. MONTH
The table below provides the average monthly high temperatures in degrees Fahrenheit for Champaign-Urbana, IL. The averages are based on the past 30 years.
MONTH AVERAGE HIGH
January 32.9
February 37.7
March 49.9
April 62.8
May 73.4
June 82.5
July 85.0
August 83.7
September 78.2
October 65.2
November 50.6
December 36.7
- Find the mean of the average high temperatures.
- Find the median of the average high temperatures.
- Find the mode of the average high temperatures or indicate that there isn't one.
- Which of those measures of average do you think provides the best description of the average temperature?Explain.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
