Probability-fatal accident

Reference no: EM13100910

Question: Suppose that the probability is 1 in 3,900,000 that a single auto trip in the U.S. would result in the death of the driver. Over a lifetime, an average U.S. driver takes 50,000 trips.

Consider:

a) Probability of surviving 50,000 trips.

b) Probability of fatal accident in 50,000 trips.

c) Why might the assumption of independence be violated?

d) Why might a driver be tempted to not use a seat belt "just on this trip?"

Reference no: EM13100910

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