Problem

The Los Angeles Times (July 17, 1995) reported that in a sample of 364 lawsuits in which...

The Los Angeles Times (July 17, 1995) reported that in a sample of 364 lawsuits in which punitive damages were awarded, the sample median damage award was $50,000, and the sample mean was $775,000. What does this suggest about the distribution of values in the sample?

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