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. 35 60 150 75 115 135 140 149 236 290 340 410 600 750 750 750 1,050 1,100 1,139 1,150 1,200 1,200 1,250 1,574 1,700 1,825 2,000 A USE SALT 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.) thousand
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. 35 60 150 75 115 135 140 149 236 290 340 410 600 750 750 750 1,050 1,100 1,139 1,150 1,200 1,200 1,250 1,574 1,700 1,825 2,000 A USE SALT 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.) thousand
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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.
35 60
75
115
135
140
149
150
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
A USE SALT
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.)
thousand
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