Is 12 enough of a sample size to make a statistical judgement? What if there were 20 more which didn’t have a loss of life? Is it then 1/30? What if there were 20 more?
The risk factor is calculated _per mission_ from what I understand. You can have three accidents in a row and nothing for decades but the risk itself can still be 1 in 30.
So the risk factor for Apollo could have actually been 1/1000 but they were just really unlucky?
Your point is fair and and important distinction. I think when estimating a risk factor though, this empirical data, while a low sample size, is a valuable statistic because it's empirical, and not that small of a sample size. Maybe going forward, we have 3 risk levels: