A geological study indicates that an exploratory oil well drilled in a particular region should strike oil with probability 0.2. Find the probability that the third oil strike come on the fifth well drilled.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 41E
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A geological study indicates that an exploratory oil well drilled in a particular region
should strike oil with probability 0.2. Find the probability that the third oil strike come
on the fifth well drilled.

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