What are the odds an event/s to occur?
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I need some help calculating the probability one or more events to occur in the next five years in a population of tree people. The events do not exclude each other. What we know is that an average person lives for 74.5 years. Event (A) occurs in 57% of the people; (B) occurs in 49%; (C) in 40%; (D) in 34%; (E) in 30%; (F) in 48% and (G) in 55% of the people.
I need to calculate how many times each of these events is likely to happen in a total of three people. The answer must be obvious for many of you but I struggle to find it.
Please check my calculations for (A) and see if they are ok:
0,0112645 - the odds to occur in a particular year
0,0563227 - the odds to occur in five years (0,0112645 * 5)
0,1689680 - the odds to occur in the population of three people ((0,0112645 * 5)*3)
Thank you very much in advance for the help!
probability
asked 7 hours ago
M. Minev
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I need some help calculating the probability one or more events to occur in the next five years in a population of tree people. The events do not exclude each other. What we know is that an average person lives for 74.5 years. Event (A) occurs in 57% of the people; (B) occurs in 49%; (C) in 40%; (D) in 34%; (E) in 30%; (F) in 48% and (G) in 55% of the people.
I need to calculate how many times each of these events is likely to happen in a total of three people. The answer must be obvious for many of you but I struggle to find it.
Please check my calculations for (A) and see if they are ok:
0,0112645 - the odds to occur in a particular year
0,0563227 - the odds to occur in five years (0,0112645 * 5)
0,1689680 - the odds to occur in the population of three people ((0,0112645 * 5)*3)
Thank you very much in advance for the help!
probability
asked 7 hours ago
M. Minev
11
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M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago
add a comment |
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up vote
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down vote
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I need some help calculating the probability one or more events to occur in the next five years in a population of tree people. The events do not exclude each other. What we know is that an average person lives for 74.5 years. Event (A) occurs in 57% of the people; (B) occurs in 49%; (C) in 40%; (D) in 34%; (E) in 30%; (F) in 48% and (G) in 55% of the people.
I need to calculate how many times each of these events is likely to happen in a total of three people. The answer must be obvious for many of you but I struggle to find it.
Please check my calculations for (A) and see if they are ok:
0,0112645 - the odds to occur in a particular year
0,0563227 - the odds to occur in five years (0,0112645 * 5)
0,1689680 - the odds to occur in the population of three people ((0,0112645 * 5)*3)
Thank you very much in advance for the help!
probability
asked 7 hours ago
M. Minev
11
New contributor
M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I need some help calculating the probability one or more events to occur in the next five years in a population of tree people. The events do not exclude each other. What we know is that an average person lives for 74.5 years. Event (A) occurs in 57% of the people; (B) occurs in 49%; (C) in 40%; (D) in 34%; (E) in 30%; (F) in 48% and (G) in 55% of the people.
I need to calculate how many times each of these events is likely to happen in a total of three people. The answer must be obvious for many of you but I struggle to find it.
Please check my calculations for (A) and see if they are ok:
0,0112645 - the odds to occur in a particular year
0,0563227 - the odds to occur in five years (0,0112645 * 5)
0,1689680 - the odds to occur in the population of three people ((0,0112645 * 5)*3)
Thank you very much in advance for the help!
probability
probability
asked 7 hours ago
M. Minev
11
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M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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asked 7 hours ago
M. Minev
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edited 5 hours ago
asked 7 hours ago
M. Minev
11
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M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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asked 7 hours ago
M. Minev
11
asked 7 hours ago
M. Minev
11
11
New contributor
M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
M. Minev is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago
add a comment |
Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago
Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago
Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago
add a comment |
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Do events occur independently from each other? And, once an event happens, can it happen again? If it does happen again, is it more or less likely than the probability of it happening originally. More specifically, if the probability uniform over the persons life? For instance, if event A is dying from falling from a tree, this is very different than the tree person falling from a tree. If he died falling from a tree, it won't happen again. But if he fell from a tree, he is more likely to do it again in the future. ...and, I assume we are not actually dealing with "tree people" here?
– RandyF
4 hours ago