It Was Reported That the Mean High Temperature in the Continental

question 37

Essay

It was reported that the mean high temperature in the continental United States on October 5,2011 was 75.77°F,with a standard deviation of 10.95°F.If temperature in the U.S.follows a normal distribution,what is the probability that a city chosen at random reported a temperature higher than 90°F?

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Definitions:

Bond Interest Rate

The percentage of interest that bond issuers must pay to bondholders, typically expressed as an annual rate.

Semiannually

Occurring twice a year; used to describe the frequency with which certain financial or operational events take place, such as interest payments on bonds.

Equity Method

An accounting technique used to record an investor's proportional share of the net income and losses of an investee company in which the investor has significant influence but not full control.

Year-End Adjustment

Journal entries made at the end of an accounting period to account for incomes and expenditures in the correct accounting period.