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In: Statistics and Probability

Historical data suggest the probability of an earthquake greater than magnitude 3 in Colorado occurring in...

Historical data suggest the probability of an earthquake greater than magnitude 3 in Colorado occurring in any given year is 5%.

a. What is the likelihood of having two earthquakes in Colorado greater than magnitude 3 in the coming decade?

b. What is the likelihood of having no earthquakes in Colorado greater than magnitude 3 in the coming decade?

c. What are some factors which might make this statistical approach inaccurate?

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Expert Solution

orchestra answered 2 years ago
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