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What is the chance of experiencing an earthquake in our

The USGS has measured the likelihood of a major earthquake along the Wasatch Front to follow a Poisson distribution with parameter lambda = 350 years. Answer the following two questions:

• What is the chance of experiencing an earthquake in our lifetime (or in the lifetime of someone born today)? Express this as a probability.

• Which kinds of businesses or organizations should spend resources to prepare for an earthquake?

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