a. What is the probablility of finding oil?
b. After 200 feet of drilling on the first well, a soil test is made. The probabilities of finding the particular type of soil identified by the test are:

The solution gives an intuitive approach to probability problems involving dice. The technique is illustrated by calculating probabilities for the game of ...

Calculating Probability Values. ... The probability values are calculated. ... (Type an exact answer in simplified form.) To calculate the probability, we need to use ...

calculating probability and checking independence. ... To see how bad the situation was, calculate the probablity that during a 5-day work week, there would be an e ...

Calculating Various Probability Problems. ... The probability of a defective calculator is 20 ... posted by me to learn how to use Excel to find probabilities, and try ...

... of the z-distribution when calculating this probability. ... in body was calculated by subtracting the corresponding ... function will allow us to calculate our answer ...

... This solution calculates the probability for given value of T and then integrates over all possible values of t. To calculate this probability we need to ...

... Solutions to given problems explain methodology to calculate standard deviation and coefficient of ... It also calculates portfolio beta and fair return. ...

... recap: sum of (probability-mean probability) squared / number of probabilities Good luck! This will show you how to calculate means and standard deviations ...