3) Fishermen and miners have similar education and other characteristics, and fishing and mining are considered similar jobs except that fishing is riskier. Fishermen face a risk of on- the-job death of 4/10,000 per year, whereas 2/10,000 miners per year are killed in workplace accidents. Fishermen earn 45,000 per year and miners earn 43,000 per year. We infer that the value of a statistical life for this population is a. 2,000,000. b. 4,400,000. c. 10,000,000. d. 100,000,000. 4) A Monte-Carlo analysis is a. a graphical representation of the impact of the most important parameters in a CBA. b. a method to deal with uncertainty regarding parameters in a CBA. C. a software tool designed to forecast future events. d. an analysis of the "best case - worst case" scenario based on triangular distributions