March 31st, 2018, 06:26 PM  #1 
Newbie Joined: Mar 2018 From: South Dakota Posts: 1 Thanks: 0  Assessing Risk
Country A reported 46,104 births for a year (assume 365 days) with a population of about 2.1 million people. Country B reported 19 comma 498 births with a population of about 1.3 million people. a. How many people were born each day of the year in Country A? b. How many people were born each day of the year in Country B? c. What was the birth rate in Country A in births per 1000 people? d. What was the birth rate in Country B in births per 1000 people? 
March 31st, 2018, 07:34 PM  #2 
Senior Member Joined: May 2016 From: USA Posts: 1,183 Thanks: 488 
What does this have to do with assessing risk? It is impossible for us help you to see your mistakes or to remove your difficulties if you tell us nothing about your work or your thoughts. I am not at all sure what your difficulty is with respect to the first two questions. Perhaps you are wondering how you can possibly know how many were born on each day of the year. You can't; the question is idiotically worded. What it means is, if we averaged the number born on each day, how many were born on an average day. Now can you answer those first two questions. 
April 3rd, 2018, 05:54 AM  #3  
Math Team Joined: Jan 2015 From: Alabama Posts: 3,261 Thanks: 894  Quote:
To find "births per 1000 people" you divide the number of births by the number of "thousands" of people in the country. For example it country A has "2.1 million people" it has 2,100,000 so 210 thousands of people.  

Tags 
assessing, risk 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Risk and Probability distributions  chemdude  Advanced Statistics  0  November 6th, 2015 04:35 PM 
Probability Risk Factors  carnotian  Probability and Statistics  3  May 15th, 2013 07:22 AM 
Risk Probability  CaseStudy  Advanced Statistics  1  November 20th, 2012 03:55 PM 
how did they get this probability for risk of ruin?  needmathhelp  Advanced Statistics  1  December 11th, 2008 06:57 AM 
At what chance of winning should I risk $2 for $4?  Sparta  Advanced Statistics  1  January 20th, 2008 07:35 PM 