asked 91.2k views
4 votes
An employee of General Accident discovered the number of claims

for the year (frequency) follows a distribution that is a member of
the C(a,b,0). After modelling the data some more, it was discovered?

asked
User Hveiga
by
7.3k points

1 Answer

6 votes

Final answer:

The question pertains to calculating probabilities using probability distributions such as the Poisson and geometric distributions, which are related to the frequency of incidents like accidents or the number of trials until success in a Bernoulli process.

Step-by-step explanation:

The question involves modeling probability distributions and calculating probabilities for certain events. For instance, if an employee at General Accident discovered that the number of claims for the year follows a particular distribution, we might need to calculate the probability of at most two accidents occurring in a week. If this distribution was, let's say, a Poisson distribution with a mean (λ) of three accidents/week, we could use the formula P(X ≤ x) = Σ (e^-λ * λ^k / k!) from k=0 to x, where x=2 for our example.

Furthermore, the question about the safety engineer looking for the first report of an accident caused by employee failure to follow instructions illustrates a scenario involving a geometric distribution. The probability that she finds such a report on the X-th report is given by P(X=x) = (1-p)^(x-1) * p, with p = 0.35 in this case.

When looking at the cumulative time for first accidents over different days, if we know the distribution type (e.g., exponential distribution), we could find the expected value, variance, and use this information to make estimations about the dataset.

answered
User Lazaro
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.