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 0.2. (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?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
An oil prospector will drill a succession of holes in a given area to find a
productive well. The
(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?
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
