Explain How the Breach-Of-Duty Equation Helps Determine What a Reasonable

question 24

Essay

Explain how the breach-of-duty equation helps determine what a reasonable person would have done.

---

Definitions:

Normally Distributed

Refers to a bell-shaped distribution that is symmetrical about its mean, often used as a model in statistics for real-valued random variables.

Standard Deviation

An indicator used to determine the extent of fluctuation or scatter among data points in a collection.

Central Limit Theorem

A statistical theory that states that given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population.

Sampling Distribution

The distribution of a statistic (like the mean) that would result from taking a large number of samples from a population.