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Category > Engineering Posted 01 Jun 2017 My Price 6.00

An oil prospector will drill a succession of holes in a given area to find

Refer to Exercise 3.70. The prospector drills holes until he finds a productive well. How many holes would the prospector expect to drill? Interpret your answer intuitively.

Exercise 3.70

An oil prospector will drill a succession of holes in a given area to find a productive well. The probability that he is successful on a given trial is .2.

a What is the probability that the third hole drilled is the first to yield a productive well?

b If the prospector can afford to drill at most ten wells, what is the probability that he will fail to find a productive well?

 

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Status NEW Posted 01 Jun 2017 08:06 AM My Price 6.00

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