Exploration studies are conducted in 13 different locations seeking oil fields in Oman. From a retrospective study it has been found that the possibility of a location to truly have an oil field is 25%. This low probability is due to the complexity of the geological conditions and their challenges in Oman. As a result, the chance to invest in exploration and getting no oil fields is 75%. Determine the probability that 4 locations will truly have oil fields? Select one a. o.06 b.0.21 C0.25 d.0.79
Exploration studies are conducted in 13 different locations seeking oil fields in Oman. From a retrospective study it has been found that the possibility of a location to truly have an oil field is 25%. This low probability is due to the complexity of the geological conditions and their challenges in Oman. As a result, the chance to invest in exploration and getting no oil fields is 75%. Determine the probability that 4 locations will truly have oil fields? Select one a. o.06 b.0.21 C0.25 d.0.79
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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