Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 10-18-2006, 03:31 PM
Pat Southern Pat Southern is offline
Senior Member
 
Join Date: Feb 2004
Posts: 2,601
Default Quick homework question...

I'm getting a probability of over 100% so I figure that's not correct. Part i and ii aren't really important, I just need to show effort, but part iii will be graded.

3. (20) There are two leading models of earthquake predicition, M1 and
M2. According to M1, the annual rate of a major earthquake (Richter scale 7
and above) in California is 1%, and earthquake probabilities are independent
over time {this is a somewhat problematic assumption for earthquakes, since
the energy to be released by an earthquake builds up over time}. According to
the alternative modelM2, the annual rate of a major earthquake in California
is 3%, and, again, earthquakes are independent over time.
M2 is favored by the majority of scientists, so you assign probability 70%
to M2 and 30% to M1.
i) What is the chance of at least one major earthquake in California over
the next 100 years, given that M2 is true?
ii) What is the chance of at least one major earthquake in California over
the next 100 years, given that you do not know which of the two models is
correct.
iii) What is the chance of exactly one earthquake, given that M1 is true?
Reply With Quote
  #2  
Old 10-18-2006, 04:22 PM
AaronBrown AaronBrown is offline
Senior Member
 
Join Date: May 2005
Location: New York
Posts: 2,260
Default Re: Quick homework question...

(i) The probability of at least one is one minus the probability of zero. The probability of zero is 0.97^100.

(ii) The probability of zero is 0.3 x 0.99^100 + 0.7 x 0.97^100. Subtract from one, as in (i).

(iii) The chance of getting exactly one earthquake, and having it in the first year, is 0.01 x 0.99^99. The chance of getting exactly one earthquake in any year is 100 times this number.
Reply With Quote
  #3  
Old 10-19-2006, 01:23 PM
Pat Southern Pat Southern is offline
Senior Member
 
Join Date: Feb 2004
Posts: 2,601
Default Re: Quick homework question...

Thanks Aaron.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:24 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.