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Question 3 (2 marks) Using historical data, Natural Resources Canada determined the annual probability of a detectable earthquake on a specific island off the coast
Question 3 (2 marks) Using historical data, Natural Resources Canada determined the annual probability of a detectable earthquake on a specific island off the coast of B.C. is 0.02 (or 2%). Using historical data, a researcher discovers that there is a probability of 0.1 (or 10%) that an earthquake that actually occurs on this island causes serious damage to property. a. What is the annual probability of an earthquake occurring in which serious damage is done to property? (1 mark) b. Briefly explain how you arrived at this answer. (1 marks)
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