Accident proneness, Applied Statistics

Assignment Help:


Accident proneness

 A personal psychological issue which affects the individual's probability of suffering the accident. The concept has been studied statistically under the number of different supposition for the accidents:

1)pure chance, leading to the Poisson distribution;

2)true contagion, i.e. the hypothesis that all individuals initially have the same probability

of having an accident, but that this probability changes each time an accident happens;

3)apparent contagion, i.e. the hypothesis that individuals have constant but unequal probabilities of having an accident.

The study of the accident proneness has been very much valuable in the development procedure of particular statistical methodologies, though in the past two decades this concept has, generally, been out of the favour; attention now seems to have moved more towards the risk evaluation and analysis of it as well.

 


Related Discussions:- Accident proneness

Weighted harmonic mean, Weighted Harmonic Mean Weighted Harmonic ...

Weighted Harmonic Mean Weighted Harmonic Mean is calculated with the help of the following formula: WHM Case

Index number, "index number is an economic barometer" comment on this state...

"index number is an economic barometer" comment on this statement

Linear regression mode, The State Department of Taxation wishes to investig...

The State Department of Taxation wishes to investigate the effect of experience, x, on the amount of time, y, required to fill out Form ST 1040AVG, the state income-averaging form.

Level of significance, Level of Significance: α The main purpose of hyp...

Level of Significance: α The main purpose of hypothesis testing is not to question the computed value of the sample statistic, but to make judgment about the difference between

Analysis of covariance (ancova), Analysis of covariance (ANCOVA) It is ...

Analysis of covariance (ANCOVA) It is initially used for an expansion of the analysis of variance which permits to the possible effects of continuous concomitant variables (suc

QUARTILE DEVIATION, Examples of grouped, simple and frequency distribution ...

Examples of grouped, simple and frequency distribution data

Classification of universe, Classification of Universe The universe may...

Classification of Universe The universe may be classified either on the basis of number of units and on the basis   of existence of units as is clear from the following chart :

Research tool, what are the characteristics of research tool?

what are the characteristics of research tool?

Draw a cumulative frequency polygon, The following data give the repair cos...

The following data give the repair costs (in RM) for 30 randomly selected cars from a list of cars involved in collisions. a)  By using RM 1 as the lower limit of the first

Write Your Message!

Captcha
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