a. What is the probability of finding oil (to 2 decimals)? 0.60 b. After 200 feet of drilling on the first well, a soil test is taken. The probabilities of finding the particular type of soil identified by the test are given below. P(soil high-quality oil) = 0.25 P(soil medium-quality oil) = 0.80 P(soil no oil) = 0.25 Given the soil found in the test, use Bayes' theorem to compute the following revised probabilities (to 4 decimals). P(high-quality oil soil) P(medium-quality oil soil) P(no oil soil) 0.1124 0.1200 0.1000 * What is the now probability of finding oil (to 4 docimal 12
a. What is the probability of finding oil (to 2 decimals)? 0.60 b. After 200 feet of drilling on the first well, a soil test is taken. The probabilities of finding the particular type of soil identified by the test are given below. P(soil high-quality oil) = 0.25 P(soil medium-quality oil) = 0.80 P(soil no oil) = 0.25 Given the soil found in the test, use Bayes' theorem to compute the following revised probabilities (to 4 decimals). P(high-quality oil soil) P(medium-quality oil soil) P(no oil soil) 0.1124 0.1200 0.1000 * What is the now probability of finding oil (to 4 docimal 12
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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Step 1
Given that,
P(high-quality oil) = 0.45
P(medium-quality oil) = 0.15
P(no oil) = 0.40
P(soil | high-quality oil) = 0.25
P(soil | medium-quality oil) = 0.80
P(soil | no oil) = 0.25
To find the probabilities using Baye's theorem.
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