MY STATIST HW PLZ HELP ME.?

Posted by 70sfamily | 1:54:00 PM


A study of the size of jury awards in civil cases (such as injury, product liaility, and medical malpractice) in Chicago showed that the median award was about $ 8000. But mean award was about $ 69,000.
Explain how a difference this big between the two measures of center can occur.

I'm with Stupid
A few HUGE awards and a lot of small ones.
For median, size of award is offset by number of them.

What do you think? Answer below!

Orignal From: MY STATIST HW PLZ HELP ME.?

0 comments