Over the last 10 years, an average of 27 people per year have been struck and...
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Over the last 10 years, an average of 27 people per year have been struck and killed by lightning. It is estimated that only 10% of those who are struck are killed by lightning. Using the following information, answer these questions below. (Show all your work) Information: US Population 326,100,000 people 10-year average number of people being struck and killed by lightning each year in the US = 27 Lightning fatality rate = 10% (this means that of every 10 people struck, only one will die from the strike). The probability of two independent events occurring can be calculated by taking product of the probability of each independent event. For example, the probability of events "A" and "B" both occurring can be found by multiplying the probability of event A and the probability of event B. P(A and B) = P(A) * P(B) 1. What is the probability of you being struck by lightning this year? 2. What is the probability of you being killed by lightning this year? 3. What is the probability of you and your best friend both being struck by lightning this year? 4. Assume the average lifetime of a US citizen is 86 years. What is the probability that this person will be struck by lightning over their lifetime? 5. What is the probability of his person being killed by lightning over their lifetime? Compare that probability to the winning the grand prize of $25,000 on a $1 scratch-off lottery ticket which is 1:4,000,000 Over the last 10 years, an average of 27 people per year have been struck and killed by lightning. It is estimated that only 10% of those who are struck are killed by lightning. Using the following information, answer these questions below. (Show all your work) Information: US Population 326,100,000 people 10-year average number of people being struck and killed by lightning each year in the US = 27 Lightning fatality rate = 10% (this means that of every 10 people struck, only one will die from the strike). The probability of two independent events occurring can be calculated by taking product of the probability of each independent event. For example, the probability of events "A" and "B" both occurring can be found by multiplying the probability of event A and the probability of event B. P(A and B) = P(A) * P(B) 1. What is the probability of you being struck by lightning this year? 2. What is the probability of you being killed by lightning this year? 3. What is the probability of you and your best friend both being struck by lightning this year? 4. Assume the average lifetime of a US citizen is 86 years. What is the probability that this person will be struck by lightning over their lifetime? 5. What is the probability of his person being killed by lightning over their lifetime? Compare that probability to the winning the grand prize of $25,000 on a $1 scratch-off lottery ticket which is 1:4,000,000
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Lets solve each question step by step 1 Probability of being struck by lightning this year Given that the average number of people struck and killed by lightning each year is 27 and assuming that 10 o... View the full answer
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
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