That's only applicable to modern firearms though. Try shooting someone 3+ times with a musket, and I think you'd find the reload time prohibitive. I imagine it would be much easier to stab a capable opponent 3+ times, than to shoot them an equal number with a musket.
Also, I have to wonder what the odds of survival are after being stabbed 3+ times. While it might not be 1%, I'd wager to guess that it isn't far off. The human body simply isn't meant to be abused in such a manner.
While it would be harder to actually have the time to hit someone 3 times with a musket in any reasonable amount of time, given the size of musket balls- American musket balls were .69 caliber or bigger- I'd imagine the fatality rate for that number of hits was pretty similar.
As for stabbings, I was recently looking at an Australian report by Kenneth Wong and Jeffrey Petchell (of Royal Prince Alfred Hospital) who looked at stabbings and shootings. They noted that the stabbings primarily involved knives and machetes. Of the people studied, 52% had been injured in multiple locations...and the overall fatality rate of firearm injuries was double that of those who were stabbed or cut.
Another study (Journal of the American College of Surgeons) showed the survival rates were 16.8% for stab wounds and 4.3% for gunshot wounds...but I don't recall a break down of the results into number of injuries per patient.
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