This newspaper article discusses the quality of autos, and mentions their defect rate as "complaints per 100 vehicles." Summing it up, it shows:
Toyota - 101
Hyundai - 102
GM - 120
DCX - 123
It looks like everyone is bound to have at least one complaint with a new car, so it's hard for me to quantify just what these numbers mean. Since ANY car is likely to generate a complaint, to me the bigger question is the likelihood of having more than one complaint.
Clearly, DCX is more likely to sell a vehicle that generates two, or three, complaints than Toyota or Hyundai, but how much more likely?
Is there a way to compute the probability of getting a two or more complaint vehicle from the information given? I thought I knew a bit about statistics but this one has me stumped.
Toyota - 101
Hyundai - 102
GM - 120
DCX - 123
It looks like everyone is bound to have at least one complaint with a new car, so it's hard for me to quantify just what these numbers mean. Since ANY car is likely to generate a complaint, to me the bigger question is the likelihood of having more than one complaint.
Clearly, DCX is more likely to sell a vehicle that generates two, or three, complaints than Toyota or Hyundai, but how much more likely?
Is there a way to compute the probability of getting a two or more complaint vehicle from the information given? I thought I knew a bit about statistics but this one has me stumped.