I heard this statement and it confused me. The explanation was more red cars have accidents than other cars. But surely that doesn’t translate to “I personally am more likely to have an accident if I drive a red car than a blue car today”? Assuming there’s nothing inherently about red cars that makes them more likely to crash. I’m struggling with the maths theory behind it.
Edit to clarify my question: does the statistic that “red cars have more accidents” translate to the statement that “I, personally, all other things being equal, am more likely to have an accident if I drive a red car than a blue one”?
In: 10
Because correlation and human psychology.
we found, through studies, that choice of car color correlates “relatively strong” with personality.
Generally, people who picks red cars, will much more likely be driving at a higher speed than someone in a black/blue car.
Its not that red car = more accidents, correlation=/=causation, however, buying red car COULD imply that you like to be “faster” which can lead to more accidents.
While it seems silly to increase insurance for a slight increase. Insurance companies deal with thousands of cars, a small percentage is a significant economic increase for them.
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