A company has a fleet of 200 vehicles. On average, 50 vehicles per year experience property damage. What is the probability that any vehicle

Question

A company has a fleet of 200 vehicles. On average, 50 vehicles per year experience property damage. What is the probability that any vehicle will be damaged in any given year? Hint: Don’t over-analyze; just apply arithmetic.

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Lydia 2 months 2021-10-17T15:03:17+00:00 1 Answer 0 views 0

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    2021-10-17T15:04:33+00:00

    Answer:

    The probability is \frac{1}{4} or 25%

    Step-by-step explanation:

    The question states the total number of vehicles, as well as the number of damaged vehicles on a yearly basis. If 50 vehicles in every 200 vehicles per year are damaged, then we can obtain:

    Probability of a damaged vehicle in any given year = \frac{Number of Damaged Vehicles}{Total Number of Vehicles}

    = \frac{50}{200} = \frac{1}{4} or 25%

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