4.71 The Los Angeles Times (July 17, 1995) reported that in a sample of 364 lawsuits in...

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4.71 The Los Angeles Times (July 17, 1995) reported that in a sample of 364 lawsuits in which punitive damages were awarded, the sample median damage award was

$50,000, and the sample mean was $775,000. What does this suggest about the distribution of values in the sample?

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Introduction To Statistics And Data Analysis

ISBN: 9781305445963

5th Edition

Authors: Roxy Peck, Chris Olsen, Jay L Devore

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4.71 The Los Angeles Times (July 17, 1995) reported that in a sample of 364 lawsuits in...

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Introduction To Statistics And Data Analysis

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