My point isn't that those number are exact. My point is 2% chance per year expands to a larger number over many years. So saying "most people have experienced theft" many not be that far off. 2% is 1 in 50 but 55% is more than 1 in 2. My personal experience is would be 10 or 11 in 55yrs depending on whether an attempt counts
bike, bike, bike, car radio, car radio, car radio, car, car radio, bike, camera/dashcam/kindle, attempt (broke window to check for loot but didn't find anything). Still cost $$$ to replace window so you could say my window was stolen.
Also I didn't just multiply by the number of years. The probably for 100yrs is 86% (not 100% and not 200%).
For most people, the chance they are a victim of theft (VOT) in year 1 is correlated to the chance they are a VOT in year 2. So the probability that they are a VOT at least once in those two years is NOT simply (1 - (1 - 2%)^2). That formula only works when the two events are independent, like two coin flips.
As an obviously extreme example, imagine a world where 98% the people live in zero-crime areas, and the rest live in places where they are robbed annually.
In such a world, the percentage of people who were a VOT in a single year would be 2%, and it would not rise as you broadened to multiple years. (The same 2% of people would be targeted over and over.)
This is all just a roundabout way of stating the unfortunate fact that some people live in bad areas.
The events are not independent. Maybe the first time you leave your bike outside you learn that it will be stolen, and then you don't do that anymore, reducing your future risk.
yes, and that 2% per year average figure takes that into account. The percent for your life is higher. You got robbed, do something to make it go down, it gets lower. Over the course of the average life, it ends up at 2% per year. It's probably highest around 15 to 25yrs old (have possessions, get robbed, learn to do differently) and lower at the end (except for getting robbed by scams which often target the elderly)
