Page 196 - Probability Demystified
P. 196

CHAPTER 10         Simulation                                               185

                         5. Which device will not generate random numbers?

                            a. Computer
                            b. Abacus
                             c. Dice
                            d. Calculator




                                                                    Probability Sidelight



                     PROBABILITY IN OUR DAILY LIVES

                     People engage in all sorts of gambles, not just betting money at a casino
                     or purchasing a lottery ticket. People also bet their lives by engaging in
                     unhealthy activities such as smoking, drinking, using drugs, and exceeding
                     the speed limit when driving. A lot of people don’t seem to care about the
                     risks involved in these activities, or they don’t understand the concepts of
                     probability.
                        Statisticians (called actuaries) who work for insurance companies can
                     calculate the probabilities of dying from certain causes. For example, based
                     on the population of the United States, the risks of dying from various causes
                     are shown here.

                          Motor vehicle accident  1 in 7000

                          Shot with a gun         1 in 10,000
                          Crossing a street       1 in 60,000
                          Struck by lightning     1 in 3,000,000

                          Shark attack            1 in 300,000,000

                        The risks of dying from various diseases are shown here.

                          Heart attack            1 in 400
                          Cancer                  1 in 600

                          Stroke                  1 in 2000

                        As you can see, the probability of dying from a disease is much higher than
                     the probability of dying from an accident.
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