b. In oil exploration, the probability of an oil strike in the North Sea is 1 in 500 drillings. What is theprobabilities of having exactly 3 oil producing wells in 1000 explorations? at most 2 oil producingwells in 800 drillings?Question-5

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Answered: b. In oil exploration, the probability…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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b. In oil exploration, the probability of an oil strike in the North Sea is 1 in 500 drillings. What is the probabilities of having exactly 3 oil producing wells in 1000 explorations? at most 2 oil producing wells in 800 drillings?