Homework Help is Here – Start Your Trial Now!
Math
Statistics
A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The injury awarded about $3.5 million for pain and suffering, but the court then set aside that award as being unreasonable compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within two standard deviations of the mean of the awards in the 27 cases. The 27 awards were (in $1000s) 39, 62, 72, 115, 138, 143, 147, 152, 238, 290, 340, 410, 600, 750, 750, 752, 1050, 1100, 1136, 1150, 1200, 1200, 1250, 1577, 1700, 1825, and 2000, from which Ex¡ = 20,186, Ex? = 24,658,478. What is the maximum possible amount that could be awarded under the two-standard-deviation rule? (Round your answer to the nearest %3D %3D whole number.) thousand dollars Need Help? Read It Talk to a Tutor

A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The injury awarded about $3.5 million for pain and suffering, but the court then set aside that award as being unreasonable compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within two standard deviations of the mean of the awards in the 27 cases. The 27 awards were (in $1000s) 39, 62, 72, 115, 138, 143, 147, 152, 238, 290, 340, 410, 600, 750, 750, 752, 1050, 1100, 1136, 1150, 1200, 1200, 1250, 1577, 1700, 1825, and 2000, from which Ex¡ = 20,186, Ex? = 24,658,478. What is the maximum possible amount that could be awarded under the two-standard-deviation rule? (Round your answer to the nearest %3D %3D whole number.) thousand dollars Need Help? Read It Talk to a Tutor

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
See similar textbooks
icon
Related questions
Question
100%
A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The injury awarded about $3.5 million for pain and suffering, but the court then set aside that award as being unreasonable compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within two standard deviations of the mean of the awards in the 27 cases. The 27 awards were (in $1000s) 39, 62, 72, 115, 138, 143, 147, 152, 238, 290, 340, 410, 600, 750, 750, 752, 1050, 1100, 1136, 1150, 1200, 1200, 1250, 1577, 1700, 1825, and 2000, from which Ex¡ = 20,186, Ex? = 24,658,478. What is the maximum possible amount that could be awarded under the two-standard-deviation rule? (Round your answer to the nearest %3D %3D whole number.) thousand dollars Need Help? Read It Talk to a Tutor
Transcribed Image Text:A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The injury awarded about $3.5 million for pain and suffering, but the court then set aside that award as being unreasonable compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within two standard deviations of the mean of the awards in the 27 cases. The 27 awards were (in $1000s) 39, 62, 72, 115, 138, 143, 147, 152, 238, 290, 340, 410, 600, 750, 750, 752, 1050, 1100, 1136, 1150, 1200, 1200, 1250, 1577, 1700, 1825, and 2000, from which Ex¡ = 20,186, Ex? = 24,658,478. What is the maximum possible amount that could be awarded under the two-standard-deviation rule? (Round your answer to the nearest %3D %3D whole number.) thousand dollars Need Help? Read It Talk to a Tutor
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS