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In 1997 a woman sued a computer keyboard manufacturer,

Probability and Statistics for Engineering and the Sciences | 9th Edition | ISBN: 9780321629111 | Authors: Ronald E. Walpole, Raymond H. Myers

Problem 50E Chapter 1

Probability and Statistics for Engineering and the Sciences | 9th Edition

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Probability and Statistics for Engineering and the Sciences | 9th Edition | ISBN: 9780321629111 | Authors: Ronald E. Walpole, Raymond H. Myers

Probability and Statistics for Engineering and the Sciences | 9th Edition

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Problem 50E

In 1997 a woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard (?Genessy v. Digital Equipment Corp?.)?. ?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) 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, and 2000, from which ,?xi = 20,179, ?x2i = 24,657,511 . What is the maximum possible amount that could be awarded under the twostandard-deviation rule?

Step-by-Step Solution:

Answer : Step 1 : Given 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). Here n=27 Then the data is 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, and 2000, from which ,x = 20,179 and i x2i = 24,657,511 So we have to find the maximum possible amount that could be awarded under the two standard-deviation rule. We know that x i 20,179 and n=27. So we have to find mean. The formula of the mean is xi x = n Substitute the value i = 20,179 and n=27. 20,179 x = 27 x = 747.3703 Therefore mean is 747.3703 Then we need to find the standard deviation....

Step 2 of 3

Chapter 1, Problem 50E is Solved
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Textbook: Probability and Statistics for Engineering and the Sciences
Edition: 9
Author: Ronald E. Walpole, Raymond H. Myers
ISBN: 9780321629111

The answer to “In 1997 a woman sued a computer keyboard manufacturer, charging that her repetitive stress injuries were caused by the keyboard (?Genessy v. Digital Equipment Corp?.)?. ?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) 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, and 2000, from which ,?xi = 20,179, ?x2i = 24,657,511 . What is the maximum possible amount that could be awarded under the twostandard-deviation rule?” is broken down into a number of easy to follow steps, and 139 words. Since the solution to 50E from 1 chapter was answered, more than 240 students have viewed the full step-by-step answer. The full step-by-step solution to problem: 50E from chapter: 1 was answered by , our top Statistics solution expert on 05/06/17, 06:21PM. This textbook survival guide was created for the textbook: Probability and Statistics for Engineering and the Sciences, edition: 9. Probability and Statistics for Engineering and the Sciences was written by and is associated to the ISBN: 9780321629111. This full solution covers the following key subjects: keyboard, were, award, awarded, awards. This expansive textbook survival guide covers 18 chapters, and 1582 solutions.

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