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Unformatted text preview: Why might a driver be tempted not to use a seat belt “just on this trip”? a. P(fatal accident over a lifetime) = 1 − P(no fatal accident over a lifetime) = 1 − (3,999,999/4,000,000) 50,000 = .012422. 1. Some drivers have more experience than others at driving and learning how to avoid accidents by controlling the vehicle at all times and being aware of surroundings. 2. Drivers who recently were corrected in their driving either through police enforcement or accident (injury or non-injury) are prone to drive safer or not drive at all (such as those involved fatality involved accidents). b. The probability of an accident each time you get behind the wheel is so small that an individual might take the risk....
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This note was uploaded on 09/12/2011 for the course BUSINESS 000 taught by Professor Any during the Spring '11 term at University of Phoenix.
- Spring '11