one in 100 or 10in a 1000
Chat with our AI personalities
One out of every four people will be ina car accident in their lifetime. Your chances of dieing in a car accident are 1 out of every 140 people.
1000,000 to 1
They are used to understand how to set insurance premiums. Take, for example, car insurance. The probability of a new driver getting in an accident is higher than an experienced driver. The probability of a male driver getting in an accident is higher than an female driver (in general). The probability of a person who has had many claims filing another claim is higher than someone who has never filed a claim. All these data guide the insurance industry to charge higher premiums to drivers who are new, male or have filed claims in the past.
Your chances of being killed are five times greater if you are thrown from the vehicle.
No, we can't expression any negative value as a probability. A probability ranges from 0 to 1 - 0 being the lowest and 1 being the highest.