Based on the Rule of Three, if no events occur in n independent trials we can set the upper 95 percent confidence bound at 3/n.

Question

Quizplus · Accepted Answer

The Rule of Three states that if no events occur in n independent trials, then the upper 95 percent confidence bound for the true event rate is 3/n. This means that we can say with 95 percent confidence that the true event rate is less than or equal to 3/n. Therefore, the statement is true.

Based on the Rule of Three, If No Events Occur