Will you have an accident? The probability that a randomly chosen driver willbe involved

Chapter 0, Problem 10.18

(choose chapter or problem)

Will you have an accident? The probability that a randomly chosen driver willbe involved in an accident in the next year is about 0.2. This is based on theproportion of millions of drivers who have accidents. Accident includes thingslike crumpling a fender in your own driveway, not just highway accidents.(a) What do you think is your own probability of being in an accident in the nextyear? This is a personal probability.(b) Give some reasons why your personal probability might be a more accurateprediction of your true chance of having an accident than the probability for arandom driver.(c) Almost everyone says their personal probability is lower than the randomdriver probability. Why do you think this is true?

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