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

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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
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