What is the probability of having 10 or more crashes in the first 1000 rides?












2












$begingroup$


You have recently invested in an electric skateboard. You always wear a helmet and padding to protect yourself (of course), but are worried that at some point you'll take a tumble and get scratched up. After assessing your skating ability, you estimate your probability of a crash on any single ride to be 0.005.



I got this question while studying geometric and binomial distribution.



My current idea is



1 - (P(x=0) + P(x=1) + P(x=2) + .... + P(x=9))



where x is the number of crashes, and get each probability by binomial distribution's formula.



I came up with this equation as I thought having 10 or more crashes means same as not having 9 or less crashes.
Is my approach correct? Also, if it's correct, is there any way to simplify the calculation?










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$endgroup$








  • 1




    $begingroup$
    I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
    $endgroup$
    – HJ_beginner
    Jan 3 at 1:35
















2












$begingroup$


You have recently invested in an electric skateboard. You always wear a helmet and padding to protect yourself (of course), but are worried that at some point you'll take a tumble and get scratched up. After assessing your skating ability, you estimate your probability of a crash on any single ride to be 0.005.



I got this question while studying geometric and binomial distribution.



My current idea is



1 - (P(x=0) + P(x=1) + P(x=2) + .... + P(x=9))



where x is the number of crashes, and get each probability by binomial distribution's formula.



I came up with this equation as I thought having 10 or more crashes means same as not having 9 or less crashes.
Is my approach correct? Also, if it's correct, is there any way to simplify the calculation?










share|cite|improve this question









$endgroup$








  • 1




    $begingroup$
    I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
    $endgroup$
    – HJ_beginner
    Jan 3 at 1:35














2












2








2





$begingroup$


You have recently invested in an electric skateboard. You always wear a helmet and padding to protect yourself (of course), but are worried that at some point you'll take a tumble and get scratched up. After assessing your skating ability, you estimate your probability of a crash on any single ride to be 0.005.



I got this question while studying geometric and binomial distribution.



My current idea is



1 - (P(x=0) + P(x=1) + P(x=2) + .... + P(x=9))



where x is the number of crashes, and get each probability by binomial distribution's formula.



I came up with this equation as I thought having 10 or more crashes means same as not having 9 or less crashes.
Is my approach correct? Also, if it's correct, is there any way to simplify the calculation?










share|cite|improve this question









$endgroup$




You have recently invested in an electric skateboard. You always wear a helmet and padding to protect yourself (of course), but are worried that at some point you'll take a tumble and get scratched up. After assessing your skating ability, you estimate your probability of a crash on any single ride to be 0.005.



I got this question while studying geometric and binomial distribution.



My current idea is



1 - (P(x=0) + P(x=1) + P(x=2) + .... + P(x=9))



where x is the number of crashes, and get each probability by binomial distribution's formula.



I came up with this equation as I thought having 10 or more crashes means same as not having 9 or less crashes.
Is my approach correct? Also, if it's correct, is there any way to simplify the calculation?







probability statistics binomial-distribution






share|cite|improve this question













share|cite|improve this question











share|cite|improve this question




share|cite|improve this question










asked Jan 3 at 1:16









Daniel KimDaniel Kim

111




111








  • 1




    $begingroup$
    I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
    $endgroup$
    – HJ_beginner
    Jan 3 at 1:35














  • 1




    $begingroup$
    I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
    $endgroup$
    – HJ_beginner
    Jan 3 at 1:35








1




1




$begingroup$
I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
$endgroup$
– HJ_beginner
Jan 3 at 1:35




$begingroup$
I think your approach is correct. I think one way to "simplify" the calculation is by using the Poisson approximation. If $X =$ number of crashes then $X$ is approximately Poisson with $lambda = 1000(.005)$ and then you can do $P(X ge 10) = 1-P(X=0) -P(X=1) cdots$
$endgroup$
– HJ_beginner
Jan 3 at 1:35










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