Officials believe that the probability of a major accident at a nuclear plant is so small that we should not expect a failure for hundreds of years. However, three such failures occurred within about 25 years— Fukushima, Chernobyl, and Three Mile Island. How could the estimates be wrong?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Officials believe that the probability of a major accident at a nuclear plant is so small that we should not expect a failure for hundreds of years. However, three such failures occurred within about 25 years— Fukushima, Chernobyl, and Three Mile Island. How could the estimates be wrong?

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