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unreason compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within 2 standard deviations of the mean of the awards in the 27 cases. The 27 award amounts (in thousands of dollars) are in the table below. 149 236 290 340 410 600 750 750 750 1,050 1,100 1,139 1,150 1,200 1,200 1,250 1,574 1,700 1,825 2,000 31 60 75 115 USE SALT 135 140 150 What is the maximum possible amount (in thousands of dollars) that could be awarded under the "2-standard deviations rule"? (Round your answer to three decimal places.) $ X thousand

unreason compensation. In making this determination, the court identified a "normative" group of 27 similar cases and specified a reasonable award as one within 2 standard deviations of the mean of the awards in the 27 cases. The 27 award amounts (in thousands of dollars) are in the table below. 149 236 290 340 410 600 750 750 750 1,050 1,100 1,139 1,150 1,200 1,200 1,250 1,574 1,700 1,825 2,000 31 60 75 115 USE SALT 135 140 150 What is the maximum possible amount (in thousands of dollars) that could be awarded under the "2-standard deviations rule"? (Round your answer to three decimal places.) $ X thousand

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
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A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The jury 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 2 standard deviations of the mean of the awards in the 27 cases. The 27 award amounts (in thousands of dollars) are in the table below. 31 236 60 290 1,700 1,825 2,000 Quick Reference Need Help? USE SALT Need a refresher? 75 340 Read It 115 1,050 1,100 1,139 1,150 1,200 1,200 410 135 600 140 750 149 750 What is the maximum possible amount (in thousands of dollars) that could be awarded under the "2-standard deviations rule"? (Round your answer to three decimal places.) X thousand 150 750 1,250 1,574
Transcribed Image Text:A woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard. The jury 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 2 standard deviations of the mean of the awards in the 27 cases. The 27 award amounts (in thousands of dollars) are in the table below. 31 236 60 290 1,700 1,825 2,000 Quick Reference Need Help? USE SALT Need a refresher? 75 340 Read It 115 1,050 1,100 1,139 1,150 1,200 1,200 410 135 600 140 750 149 750 What is the maximum possible amount (in thousands of dollars) that could be awarded under the "2-standard deviations rule"? (Round your answer to three decimal places.) X thousand 150 750 1,250 1,574
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