# Question: Consider the advertising budgets from problem 1 but expressed in

Consider the advertising budgets from problem 1, but expressed in European euros instead of U.S. dollars. Use the exchange rate listed in a recent issue of the Wall Street Journal or another source. Based on your answers to problem 1 (that is, without recalculating from the data), compute

a. The average budget in euros.

b. The standard deviation.

c. The range.

d. The coefficient of variation.

a. The average budget in euros.

b. The standard deviation.

c. The range.

d. The coefficient of variation.

**View Solution:**## Answer to relevant Questions

Consider the running time of movies from Table 4.3.10. a. Find the standard deviation. What does this tell you about these movie times? b. Find the range. What does this tell you about these movie times? c. How many standard ...Mutual funds that specialize in the stock of natural resources companies showed considerable variation in their performance during the 12-month period ending July 2010. Consider the Rate of Return column in Table 5.5.3. a. ...Consider the assets of stock mutual funds, as shown in Table 5.5.3. Answer the parts of the previous problem using the column of assets instead of the rates of return. For the ages: Answer the parts of exercise 2. a. Construct a histogram and indicate the average and standard deviation. b. How many employees are within one standard deviation from the average? How does this compare to what ...a. What is a probability tree? b. What are the four rules for probability trees?Post your question