Explain are the airlines due to have a crash

Assignment Help Basic Statistics

Reference no: EM13118581

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? Explain your answer.

Reference no: EM13118581

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