2 29 22 Actuarial Risk:predict future events based upon past occurrences Population Risk:probability of injury from well defined random events FATALITY Individual Risk:better 5×10-6= explained with plausibility rather 5 in a million than probability NEXT MILES Palt OSU 0regomstate Actuarial Risk: predict future events based upon past occurrences Population Risk: probability of injury from well defined random events Individual Risk: better explained with plausibility rather than probability 5 x 10-6 = 5 in a million