Find the probability that fatality involved rollover

Assignment Help Operation Management
Reference no: EM13105088

Sport utility vehicles (SUV), vans and pickups are generally considered to be more prone to roll over than cares. In 1997, 24.0% of all highway fatalities involved roll overs; 15.8% of all fatalities in 1997 involved SUVs, vans, and pickups, given that the fatality involved a rollover. Given that a rollover was not involved, 5.6% of all fatalities involved SUVs, vans, and pickups (data extracted from A. Wilde Mathews, "Ford Ranger, Chevy Tracker Tilt in Test, "The Wall Street Journa, July 14, 1999, p. A2). Consider the following definitions:
A = fatality involved an SUV, Van, or pickup
B = fatality involved a rollover
a. Use Bayes' theorem to find the probability that a fatality involved a rollover, given that the fatality involved an SUV, a van, or a pickup.
b. Compare the result in (a) to the probability that a fatality involved a rollover and comment on whether SUVs, Vans, and pickups are generally more prone to rollover accidents that other vehicles.

Reference no: EM13105088

Questions Cloud

Find the potential at a point on the axis of the tube : A cardboard tube of radius R and length L has a uniform charge density  on its surface. Find the potential at a point on the axis of the tube at a distance d from the center.
What is the test value for this hypothesis : The dean of students believes that teh costs are greater this semester. What is the test value for this hypothesis?
Illustrate what methods will you comprise on the poster : You have been asked to create a message that suggests 3 methods for managing stress at work. Illustrate what 3 methods will you comprise on the poster? Explain why you chose them.
Examine the failure of coca-cola blak in the us market : Write down 2-3 page paper in which you reply to the following case question: Examine the failure of Coca-Cola Blak in the U.S. market. suppose that Coca-Cola has made decision to re-formulate product's taste.
Find the probability that fatality involved rollover : Sport utility vehicles (SUV), vans and pickups are generally considered to be more prone to roll over than cares. In 1997, 24.0% of all highway fatalities involved roll overs; 15.8% of all fatalities in 1997 involved SUVs.
Illustrate what is their yield to maturity : Interest is paid annually, the bonds have a $ 1,000 par value and the coupon interest rate is 10%. The bonds sell at a price of $ 850. Illustrate what is their yield to maturity?
Illustrate what is the current market price of these bonds : Jackson Corporations bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value and the coupon interest rate is 8%. The bonds have a yield to maturity of 9%. Illustrate what is the current market price ..
Distribution of exercise capacity in americans : Convert Alisha's grandmother's score to a z score among the distribution of exercise capacity in Americans over seventy years old. Who has a relatively longer exercise capacity compared to her peers-Alisha or her grandmother?
How to crash project to keep project on schedule : How would you crash project (which activities would you crash) to keep project on schedule and get original duration, if Activity B actually takes 5 weeks instead of planned 3 weeks?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd