Calculate the probability of being killed per year


Discussion:

Q: Assume the probability of a tire blowout is 0.102% per 50,000 miles of use and that a person travels 13,000 miles per year in a car. Assume that the probability of loss of control is 30% if the blowout occurs on the front tires and 15% for the rear tires. If control is lost, the probability is 50% of veering to the right and 50% of veering to the left. If it goes left, the car spends 1 sec crossing the one lane of oncoming traffic (1500 vehicles/hour). Either way it goes, it ends up on the roadside, with a 15% chance of hitting a barrier or tree, if not hit by oncoming traffic. Assume there is a 15% chance of death if the car hits a barrier or tree and a 50% chance of death if hit by oncoming traffic. Calculate the probability of being killed per year in this type of accident.

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Basic Statistics: Calculate the probability of being killed per year
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