Oil production. Using production and geological data, the management of an oil company estimates that oil will be pumped from a producing field at a rate given by R ( t ) = 100 t + 1 + 5 0 ≤ t ≤ 20 where R ( t ) is the rate of production (in thousands of barrels per year) t years after pumping begins. Approximately how many barrels of oil will the field produce during the first 10 years of production? From the end of the 10th year to the end of the 20th year of production?
Oil production. Using production and geological data, the management of an oil company estimates that oil will be pumped from a producing field at a rate given by R ( t ) = 100 t + 1 + 5 0 ≤ t ≤ 20 where R ( t ) is the rate of production (in thousands of barrels per year) t years after pumping begins. Approximately how many barrels of oil will the field produce during the first 10 years of production? From the end of the 10th year to the end of the 20th year of production?
Solution Summary: The author calculates the number of barrels of oil that can be pumped from the field during the first ten years and at the end of 10 th year to 20
Oil production. Using production and geological data, the management of an oil company estimates that oil will be pumped from a producing field at a rate given by
R
(
t
)
=
100
t
+
1
+
5
0
≤
t
≤
20
where R(t) is the rate of production (in thousands of barrels per year) t years after pumping begins. Approximately how many barrels of oil will the field produce during the first 10 years of production? From the end of the 10th year to the end of the 20th year of production?
ball is drawn from one of three urns depending on the outcomeof a roll of a dice. If the dice shows a 1, a ball is drawn from Urn I, whichcontains 2 black balls and 3 white balls. If the dice shows a 2 or 3, a ballis drawn from Urn II, which contains 1 black ball and 3 white balls. Ifthe dice shows a 4, 5, or 6, a ball is drawn from Urn III, which contains1 black ball and 2 white balls. (i) What is the probability to draw a black ball? [7 Marks]Hint. Use the partition rule.(ii) Assume that a black ball is drawn. What is the probabilitythat it came from Urn I? [4 Marks]Total marks 11 Hint. Use Bayes’ rule
Let X be a random variable taking values in (0,∞) with proba-bility density functionfX(u) = 5e^−5u, u > 0.Let Y = X2 Total marks 8 . Find the probability density function of Y .
Let P be the standard normal distribution, i.e., P is the proba-bility measure on R, B(R) given bydP(x) = 1√2πe− x2/2dx.Consider the random variablesfn(x) = (1 + x2) 1/ne^(x^2/n+2) x ∈ R, n ∈ N.Using the dominated convergence theorem, prove that the limitlimn→∞E(fn)exists and find it
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY