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When one unit of pesticide is applied to a crop of tomatoes, there is a 50% chance that 50% of the tomatoes will be contaminated, and a 50% that 100% of the tomatoes will be contaminated. The cleaning process gets rid of the contaminants in 80% of the cases with a probability of 50% and in 50% of the cases with probability 50%. With the remaining contaminants on the tomatoes, 1% of the population will die with a probability of 80% and 5% will die with a probability of 20%. The population that consumes this crop of tomatoes is 10,000,000. What is the value of statistical life?

When one unit of pesticide is applied to a crop of tomatoes, there is a 50% chance that 50% of the tomatoes will be contaminated, and a 50% that 100% of the tomatoes will be contaminated. The cleaning process gets rid of the contaminants in 80% of the cases with a probability of 50% and in 50% of the cases with probability 50%. With the remaining contaminants on the tomatoes, 1% of the population will die with a probability of 80% and 5% will die with a probability of 20%. The population that consumes this crop of tomatoes is 10,000,000. What is the value of statistical life?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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When one unit of pesticide is applied to a crop of tomatoes, there is a 50% chance that 50% of the tomatoes will be contaminated, and a 50% that 100% of the tomatoes will be contaminated. The cleaning process gets rid of the contaminants in 80% of the cases with a probability of 50% and in 50% of the cases with probability 50%. With the remaining contaminants on the tomatoes, 1% of the population will die with a probability of 80% and 5% will die with a probability of 20%. The population that consumes this crop of tomatoes is 10,000,000.
What is the value of statistical life?

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