C www.webassign.net/web/Student/Assignment-Responses/submit?dep 15679516 (b) wit

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C www.webassign.net/web/Student/Assignment-Responses/submit?dep 15679516 (b) without computing the standard deviation of the Memorial Day data, determine whether the standard deviation for the Memorial Day data would be larger smaler than the standard or O larger O smaller Need Help? O 015 points Previous Answers Poostas4E o30. y Notes o Ask Your Teach In 1997 a woman sued a computer keyboard manufacturer, that her repetitive stress es were caused by the keyboard (Genessey Digital Equipment Corporation). The jury awarded about $3.5 milion for pain and suffering, but the court then set aside that as being unreasonable compensation. In making this determination, the court a similar cases and specified a reasonable award as one within 2 standard deviations of the mean or the awards in the 27 cases. The award amounts of dollars) are in the table below. (in thousands 31 75 115 135 140 149 150 232 290 340 410 600 7 so 750 7so 1050 1100 1139 1150 1200 1200 1250 1572 1700 1825 2000 what is the maximum possible amount that could be awarded under the "2-standard deviations rule"? (Round all intermediate calculations and the answer to three decimal places.) 12567 x (in thousands of s) Need Help? Asa Your tea ss points I Previous Answers Poostats 4 to01. describing the variabisty from store to store in the perioe standard deviation of $1 would be considered large if it is The standard deviation alone does not measure relative variation. For example, a in the proe of a particular brand of freezer. standard deviation of s1 would be considered small ir it is describing store to store variabilty of an ice cube tray. On the other hand, designed to give a relative measure of variability is the coefficient of variation. Denoted by cv, the coefficient of variation expresses the standard deviation as a percentage of the mean, it is by the fsrmula cv- 100(s/ x). Consider two samples. sample 1 gives the actual weight (n ounces) of the contents of cans of pet food labeled as having a net weight of B oa. sample 2 gves the actual weight (in pounds) of the contents of bags of dry pet food labeled as having a net weight of so lb. There are weights for the two samples.

Explanation / Answer

Result:

Descriptive statistics

# 1

count

27

mean

746.7778

sample standard deviation

607.1500

Mean+2sd = 746.7778+2*607.1500

=1961.078

Descriptive statistics

# 1

count

27

mean

746.7778

sample standard deviation

607.1500

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