Problem 113
The Bulb Bragain Problem. Suppose that you are the chief of maintenance for a large metropolitan hospital. You are trying to decide from what company to buy your next 5-year supply of light bulbs. Would you look to the company whose light bulbs have the greatest mean or the greatest median life? Explain your reasoning.
Solution
I think that I would look at the company that has the greatest median life, because you would want the life of the light bulb to last.