According to Wowwiki, a parry increases swing speed by 14-50%.
Assuming an average swing speed increase of 33%, a bosses 2.0 swing would then occur @ 1.33. This results in a 50% increase in incoming player damage.
If 15% of a player's attacks are parried, that means 15% of the time, the bosses incoming damage will be increase 50%.
The average increase in boss damage due to parries is then: 7.5%, or 0.5% increased incoming damage per 1% of boss parries.
Expertise reduces parry chance by 0.25% per point of expertise. This reduces the boss gain in damage by .125% per point of expertise. Thus, each point of expertise roughly(reciprocals change it somewhat) reduces incoming damage by .125%, and 8 points of expertise reduces incoming damage by 1%.
3.9 Expertise Rating = 1 expertise, so it requires 31 points of Expertise Rating in order to reduce boss damage by 1%.
Weapon Expertise talent reduces incoming boss damage by .625%.
Human Racial bonus reduces incoming boss damage by .625%.
2.3 badge bracers(22 exp. rating) reduces incoming boss damage by 0.7%
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