"I so wish we had professional juries taken from experts (perhaps retired) in the appropriate field.
If it's a malpractice case, would scientists, doctors, nurses and those with a medical background be better qualified to evaluate the evidence, rather than average citizens?
It is supposed to be a jury of your peers, yet seldom is."
"@ArgusRun: Yup, lousy math, but I still maintain that the value of my hypothetical home insurance is not $2,000.
The value of my insurance is $200,000, that I have a 1% chance of using.
By the article's logic, the value of a $1000 policy on an item with a 5% failure rate is less valuable than the same policy on an item with a 10% failure rate.
The value of the policies are the same, the risk they are insuring is different and therefore a consumer may make a different decision toward purchase."
""To a perfectly rational person, that insurance is worth exactly 2.7 percent of $200, or $5.40"
I must not be perfectly rational.
If my home is insured for $200K and I have homeowner's insurance policy that costs $400.00 a year, and the chance of my home being wrecked is 1%, is the "value" of my insurance $4.00 (1% of $400)?
No, the value of my insurance is the $200K that I have a 1% chance of using."
"It seems that the promoters are specifically NOT marketing the musical, singing or concert aspects of the show, but the performance / entertainment aspect.
It is the Circus Tour, starring Brittany Spears."
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