Calculate the Damage Amounts in the Following Fact Situation (Show

question 155

Essay

Calculate the damage amounts in the following fact situation (show calculations on workbook page): Darlene Rakowski's damages based on $500 of embarrassment per day for 100 days; $250 of anxiety per day over losing job for 20 days; lost wages for days caused to miss work at $85 per day for 20 days; psychiatric counseling at $100 per session, 1 session per week, for 8 weeks; and future psychiatric sessions, 10 per year for the next 5 years, with reduction to present cash value of 5 percent. Assume medical costs will go up 8 percent per year.

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Definitions:

Confirmation

The process of verifying that a theory, hypothesis, or finding is accurate and reliable through additional observation or experimentation.

Probability

The likelihood or chance of an event occurring, often expressed as a number between 0 and 1.

Statistic

A numerical value that describes a characteristic of a sample of data, which can be used to estimate a population parameter.

Complexity

The state or quality of being intricate or complicated, often characterized by a large number of interdependent parts.