Question

1) Two competing safety projects each cost the same amount. Project A reduces the likelihood of death for 1,000,000 people by 0.000001 (1/1,000,000) each, whereas project B reduces the likelihood of death for 1,000 people by 0.001 (1/1,000) each. If one and only one of these projects is to be undertaken (i.e., they are mutually exclusive and doing neither is not an option), which option should you do? Explain your answer.

Answer 1

ANSWER:

Given that

hence that we know that

The likelihood of reducing the death in case of project A is very small (0.000001) as compared to project B(0.001).hence even if it is affecting more people,the likelihood of a saviour in death is very small incase of project A as compared to project B wherein although less people are involved,but the likelihood of saviour is very higher.Hence if only one project needs to be undertaken the project wherein probability of saviour is higher should be undertaken first as it would save more lives.