Examlex
Use the 68-95-99.7 Rule to find probabilities or cutoff values.
-Based on data collected from its production processes, Crosstiles Inc. determines that
The breaking strength of its most popular porcelain tile is normally distributed with a
Mean of 400 pounds per square inch and a standard deviation of 12.5 pounds per square
Inch. Based on the 68-95-99.7 Rule, about what percent of its popular porcelain tile will
Have breaking strengths between 375 and 425 pounds per square inch?
Unenforceable Agreement
A contract or agreement that, due to certain defects or legal deficiencies, cannot be legally enforced or compelled by a court.
Compensatory Damages
Financial compensation awarded to a plaintiff to redress the loss or injury that has been suffered.
Punitive Damages
Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.
Unconscionable
Something that is shockingly unfair or unjust, often used in a legal context to describe terms that are extremely one-sided.
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