Find the probability that high quality oil is found given the soil was not Type A.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
icon
Related questions
Question

Based on geological studies done in Alaska, a petroleum company believes the probability of finding high quality oil is 25%, medium quality oil is 41%, and no oil is 34%. Since drilling can be expensive, the petroleum company also plans on doing a soil test (since certain oil types are more apt to detect the presence and quality of oil). For example, the petroleum company knows that in 24% of high quality oil finds, 16% of medium quality oil finds, and 14% of no oil finds, the soil is Type A. So for Alaska...

Find the probability that high quality oil is found given the soil was not Type A. 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL