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Risk and the space shuttle

Posted by Paul Joseph at 2:03pm on Thursday, 6th February 2003

Following our interesting discussion in the inaugural Thursday seminar about the costs and benefits of manned space flight, read this article about the emerging technology of probabilistic risk assessment

"In 1995, these tools helped a NASA consultant estimate the risk of a catastrophic space shuttle failure at 1 in 145, or about 0.7 percent, for each mission. NASA accepted that risk."

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