A geological study indicates that an exploratory oil well should strike oil with probability 0.4. (a) What is the probability that the first strike comes on the fifth well drilled? (Round your answer to three decimal places.) (b) What is the probability that the fourth strike comes on the ninth well drilled? (Round your answer to three decimal places.) (c) What assumptions did you make to obtain the answers to parts (a) and (b)? (Select all that apply.) The trials are independent. The trials are dependent. The probability of success is smaller from trial to trial. The probability of failure is smaller from trial to trial. The probability of success is the same from trial to trial. (d) Find the mean and variance of the number of wells that must be drilled if the company wants to set up three producing wells. μ = 02 =
A geological study indicates that an exploratory oil well should strike oil with probability 0.4. (a) What is the probability that the first strike comes on the fifth well drilled? (Round your answer to three decimal places.) (b) What is the probability that the fourth strike comes on the ninth well drilled? (Round your answer to three decimal places.) (c) What assumptions did you make to obtain the answers to parts (a) and (b)? (Select all that apply.) The trials are independent. The trials are dependent. The probability of success is smaller from trial to trial. The probability of failure is smaller from trial to trial. The probability of success is the same from trial to trial. (d) Find the mean and variance of the number of wells that must be drilled if the company wants to set up three producing wells. μ = 02 =
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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