Question

Even though commercial airlines have excellent safety​ records, in the weeks following a​ crash, airlines often report a drop in the number of​ passengers, probably because people are afraid to risk flying. ​a) A travel agent suggests that since the Law of Averages makes it highly unlikely to have two plane crashes within a few weeks of each​ other, flying soon after a crash is the safest time. What do you​ think? ​b) If the airline industry proudly announces that it has set a new record for the longest period of safe​ flights, would you be reluctant to​ fly? Are the airlines due to have a​ crash?

Answer 1

Answer:

A) There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

Explanation:

This is the complete question below;

Even though commercial airlines have excellent safety​ records, in the weeks following a​ crash, airlines often report a drop in the number of​ passengers, probably because people are afraid to risk flying. A travel agent suggests that since the Law of Averages makes it highly unlikely to have two plane crashes within a few weeks of each​ other, flying soon after a crash is the safest time. What do you​ think?

Choose the correct answer below.

A. There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

B. The "Law of Averages" states that outcomes must even out in the short run. This means that the overall probability of an airplane crash is higher due to recent crashes.

C. The "Law of Averages" states that outcomes must even out in the short run. This means that the overall probability of an airplane crash is lower due to recent crashes.

D. The "Law of Averages" does not apply to this situation. The overall probability of an airplane crash does not change due to recent crashes.

We are informed from the question that commercial airlines have excellent safety​ records, in the weeks following a​ crash, airlines often report a drop in the number of​ passengers, probably because people are afraid to risk flying. A travel agent suggests that since the Law of Averages makes it highly unlikely to have two plane crashes within a few weeks of each​ other, flying soon after a crash is the safest time.

In this case, There is no such thing as the "Law of Averages." The overall probability of an airplane crash does not change due to recent crashes.

There was fact that the commercial airlines has excellent safety​ records in the past and there is a crash after the following week, all these doesn't have any connection with people flying soon after a crash because they think is the safest time.