Suppose a treacherous stretch of road winds through Deadman's Canyon for 5 miles.A highway department study estimates that better lighting would reduce the traffic fatality rates as follows: $\begin{array}{ccc}
\text { Number of lights } & \text { Estimated deaths per year } & \text { Total installation cost (in millions) } \
0 & 3 & \$ 0 \mathrm{~m} \
1 & 2 & \$ 3 \mathrm{~m} \
2 & 1.5 & \$ 7 \mathrm{~m} \
3 & 1.2 & \$ 12 \mathrm{~m} \
4 & 1 & \$ 18 \mathrm{~m} \
5 & 0.9 & \$ 25 \mathrm{~m}
\end{array}$
Suppose that experts have estimated the statistical value of a life saved to be $8m.The highway department has a limited budget,and can save,on average,1 additional life per year for each $2 million dollars it spends on guardrails.If this is the case,the highway department should install ___ lights in Deadman's Canyon.

Question

Quizplus · Accepted Answer

The Answer of Suppose a treacherous stretch of road winds through Deadman's Canyon for 5 miles.A highway department study estimates that better lighting would reduce the traffic fatality rates as follows: $\begin{array}{ccc}
\text { Number of lights } & \text { Estimated deaths per year } & \text { Total installation cost (in millions) } \
0 & 3 & \$ 0 \mathrm{~m} \
1 & 2 & \$ 3 \mathrm{~m} \
2 & 1.5 & \$ 7 \mathrm{~m} \
3 & 1.2 & \$ 12 \mathrm{~m} \
4 & 1 & \$ 18 \mathrm{~m} \
5 & 0.9 & \$ 25 \mathrm{~m}
\end{array}$
Suppose that experts have estimated the statistical value of a life saved to be $8m.The highway department has a limited budget,and can save,on average,1 additional life per year for each $2 million dollars it spends on guardrails.If this is the case,the highway department should install ___ lights in Deadman's Canyon.

Suppose a Treacherous Stretch of Road Winds Through Deadman's Canyon