Exhibit 5-16.According to geologists,the San Francisco Bay Area experiences five earthquakes with a magnitude of 6.5 or greater every 100 years. Refer to Exhibit 5-16.What is the probability that one or more earthquakes with a magnitude of 6.5 or greater will strike the San Francisco Bay Area in the next year?
A)0.0488
B)0.1353
C)0.4878
D)0.9512

Question

Quizplus · Accepted Answer

The probability of an earthquake with a magnitude of 6.5 or greater striking the San Francisco Bay Area in any given year is 0.0488. Therefore, the probability of one or more earthquakes with a magnitude of 6.5 or greater striking the San Francisco Bay Area in the next year is 1 - (1 - 0.0488) = 0.0488.