4.30 In 1997, a woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were
Question:
4.30 In 1997, a woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard (Genessey v.
Digital Equipment Corporation). 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 identifi
ed a “normative” group of 27 similar cases and specifi
ed a reasonable award as one within 2 standard deviations of the mean of the awards in the 27 cases.
The 27 award amounts were (in thousands of dollars)
37 60 75 115 135 140 149 150 238 290 340 410 600 750 750 750 1050 1100 1139 1150 1200 1200 1250 1576 1700 1825 2000 What is the maximum possible amount that could be awarded under the “2-standard deviations rule?”
Step by Step Answer:
Introduction To Statistics And Data Analysis
ISBN: 9781305445963
5th Edition
Authors: Roxy Peck, Chris Olsen, Jay L Devore