Vaccine probabilities


From an article on the vaccine being developed by Robin Shattock’s group at Imperial College:

The success rate of vaccines at this stage of development is 10%, Shattock says, and there are already probably 10 vaccines in clinical trials, “so that means we will definitely have one”

It could be an exercise for a probability course:

  1. Suppose there are exactly 10 vaccines in this stage of development. What is the probability that one will succeed?
  2. Interpret “probably 10 vaccines” to mean that the number of vaccines in clinical trials is Poisson distributed with parameter 10. What is the probability that one will succeed?

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