7 ms·
I'm sorry to be so pedantic, but your math doesn't seem quite right. Should it instead be (1/100,000 chance of burning down each year) * ($200,000 cost if it d
by drbaskin 13y ago
I'm sorry to be so pedantic, but your math doesn't seem quite right. Should it instead be
(1/100,000 chance of burning down each year) * ($200,000 cost if it does) = $2 per near expected damages?
- a-priori 13y agoErr, yes you're right. I was off there by a couple orders of magnitude :)