>In order to type the degree symbol, press and hold
>down the Alt key while on the numeric key pad typing
>0176.  (The '0' is needed.)

Why not 

$^\circ$, or 

\usepackage{gensymb}
\degree

I like the output of these commands better than the Alt+0176 symbol.

See also: 
http://anthony.liekens.net/index.php/LaTeX/DegreesNotation

Vincent

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