In: Math
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 identified a "normative" group of 27 similar cases and specified a reasonable award as one within 2 standard deviations of the mean of the awards in the 27 cases. The 27 award amounts (in thousands of dollars) are in the table below.
39 | 60 | 75 | 115 | 135 | 140 | 149 | 150 |
236 | 290 | 340 | 410 | 600 | 750 | 750 | 750 |
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.)
(in thousands of $)