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by fela 2654 days ago
I assume you meant: If an airplane is as safe as average then it has PUT_NUMBER chance of having 2 incidents after 150k flights. 0.01% is actually the number I'm getting, assuming parent estimates are correct and making naive assumptions. In other words only 1 every 10 000 airplane models will have 2 incidents that early on if they are of average safety.

That is different then stating the probability of it being as safe as the average airplane, which you can't do as easily without additional modelling/priors and bayesian statistics.

1 comments

<addressing all comments>

Lies, damn lies, and statistics. The NH is that a plane has 1/10 [M * flights] failure rate. The odds of 2 failures in 20M flights falling in same (random) stride of 150K flights are 150K/20M = 0.75%.

[E: fixed numbers] [EE: yes, I admit this calculation is incorrect]