Question: ALL STAR COMPUTER SERVICES QUESTIONS In preparing y our consulting report for Mary Silver , please address the questions below. Q. 1. Has All Star

ALL STAR COMPUTER SERVICES QUESTIONS

In preparing your consulting report for Mary Silver, please address the questions below.

Q. 1.Has All Star Computer Services been negligent in keeping track of replaced computer components and failing to return the parts to Louis Matthew?

Q. 2. what defense(s) may be available to All Star Computer Services to lessen or eliminate any liability?

Q. 3.Consider the sample of 850 past negligence cases. Suppose you are willing to let the 75% estimate be within .03 (3%) of the true proportion. You are willing to assume a 95% confidence.

a. Is 850 an adequate sample size for the estimate of 75%? Show why or why not.

b. Construct a 95% confidence interval on the estimate of 75%. How would you interpret it?

Q. 4. What is the expected value of the amount that could be paid to Louis Matthew in a settlement. using the 75% probability figure? Be sure to include all the damages Louis Matthew will be able to recover.

a. What is a maximum and minimum expected value for the settlement figure based on the confidence interval (from Question 3)?

Q. 5.Mary Silver is concerned with the ethical issues arising from the decision of whether tosettle the matter with Louis Matthew before he files a lawsuit.

a. would a decision to settle this matter be ethical? Explain.

b. would a decision not to settle this matter be ethical? Explain.

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