if percent of 1 year was 5%:
meaning time between accidents must be atleast 1 week
The mean waiting time that exists between the accidents would be:
- 1 week
'Mean waiting time' is determined through the contemplated value of an odd(random/casual) variable.
Given that,
Probability(P) of no accident taking place in 1 year = 5%
Assuming T be the accidents' number that takes place during a year,
Since 5% is the probability or chance of no accident to take place,
The mean waiting time between accidents = 1 week at least via Poisson process.
Thus, 1 week would be the correct answer.
Learn more about 'Mean' here:
brainly.com/question/521501
