Friday, February 24, 2012
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.|||A few HUGE awards and a lot of small ones.
For median, size of award is offset by number of them.
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