SOLUTION: Record of an insurance company show that 3/1000 of the accident reported to the company involve fatality... Determine the probability that no fatality is involved in the thirty acc
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Question 1118643: Record of an insurance company show that 3/1000 of the accident reported to the company involve fatality... Determine the probability that no fatality is involved in the thirty accident reported Answer by greenestamps(13200) (Show Source):
The probability of no fatality in each accident is 997/100 = 0.997. The probability of no fatalities in 30 accidents is 0.997^30 = 0.9138 to 4 decimal places.
