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Apr 3, 2024

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Report Submitted by - Himanshu Sharma Student Id – 220253308 Case A Questions – Legal Issues - Negligence 1. Has Acme been negligent in its actions regarding keeping track of replaced computer components and failing to return the parts to Gunter? 2. Assuming Acme has been negligent, what defense(s) may be available to Acme to lessen or eliminate any liability on its part? Case B Questions – Statistical 3. Consider the sample of 600 past negligence cases. Suppose you are willing to let the 80% estimate be within .03 (3%) of the true proportion. You are willing to assume a 90% confidence. . (Hint: You may wish to review the concept of confidence intervals. Check any business statistics textbook, or go to http://www.davidmlane.com/hyperstat and check topics 8 and 10.) a) Is 600 an adequate sample size for the estimate of 80%? Show why or why not. b) Construct a 90% confidence interval on the estimate of 80%. How would you interpret it? Answer -1 Negligence refers to a failure to exercise reasonable care, resulting in harm to another person or property. In legal terms, it involves a breach of duty owed to someone else. ACME Electronics had a duty of care towards Otto Gunter as a customer. This duty requires acting in a manner that does not expose Gunter to an unreasonable risk of injury. Yes , ACME has been negligent in its actions regarding keeping track of replaced computer components. ACME messed up by not taking good care of the hard drive, which was not okay according to the rules. Because they didn't keep track of and label things properly, they put Gunter in danger for no reason. This mistake caused harm because Gunter had to spend $800 to get back data, but it turned out to be the wrong hard drive. Answer -2  ACME can argue contributory negligence. This means that if Gunter's actions played a role in the harm he suffered, he may not receive any damages resulting from ACME's negligence. For instance, if Gunter didn't back up his hard drive despite knowing the risk of data loss, ACME could argue that his negligence added to the problem.  ACME might claim that Gunter willingly took on the risk when he asked for the hard drive replacement. If Gunter knew about the potential for errors or data loss during the replacement process, ACME could argue that he accepted that risk voluntarily.  ACME could argue that it didn't have a duty of care toward Gunter. If ACME can show that it wasn't legally obligated to handle the hard drive in a specific way, it might avoid being held responsible for any damages.

 In some places, the legal principle of comparative negligence is followed. ACME could argue that Gunter's own negligence should reduce ACME's liability accordingly. If Gunter's actions also contributed to the harm, the court would decide how much fault each party bears and adjust the damages accordingly. Answer -3 Is 600 an adequate sample size for the estimate of 80%? To determine if a sample size is adequate for estimating proportions, we need to consider the margin of error and the desired confidence level. Desired Estimate: This refers to the proportion we want to estimate accurately. In your case, you want to estimate the proportion of negligence cases, which are considered successes, with an 80% estimate. This means that you want your sample to accurately reflect the true proportion of negligence cases in the population. Margin of Error: The margin of error represents the acceptable range of deviation from the true proportion. In this scenario, you're willing to allow the estimate to be within 3% of the true proportion. So, the margin of error is 0.03. Confidence Level: This indicates how confident we want to be that the true proportion falls within the margin of error. In this case, you've chosen a confidence level of 90%, which is a common choice in statistical analysis. a. Since our sample size of 600 exceeds 481, 600 is indeed an adequate sample size for estimating an 80% proportion. b. Margin of error is 2.69%

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