all the bureau! ` what statistics ( Wwwww. Dis. gov) and other so `es , Y' no that there Is a large shortage in traditional " blue - collar " jobs in America currently . You find an environmentally responsible firm in Texas , Berning Fracking Incorporated ( BFI ) , which is looking to hire motivated individuals who have a general background in business but are willing to also learn and do field work . Since the* price of oil and natural gas has recovered slightly , BFI is expanding its operations and digging new* wells . You apply and are hired on for the summer at $20 per hour with benefits , with the understanding that you will be doing various miscellaneous business tasks including operations . forecasting , finance , accounting , marketing , and logistics . Your first project involves working with statisticians and geologists conducting site surveys to discover how deep the wells must be dug vertically before they can drill horizontally .\\ ( https: / / www . youtube . com / watch ? V = Tudal_ 4 X 4 FO ) . The geologists give you information from several of their field tests and site surveys with estimations , provided in the below table . If the firm is unlucky and the geologists are inaccurate [P ( unlucky ) = 1] , the firm will have to dig deeper before reaping* revenues . If the firm is lucky [ p ( unlucky ) = 0] , they will have to dig to the shallower depth and will earn revenues sooner . Well Serial Shallowest Kick - Off | Deepest Kick - Off Number Well's Name Point ( Meters ) Point ( Meters ) 01 Alpha - 2050 -2900 02 Beta 2150 - 2725 03 Gamma . 2350 - 2600 to Delta - 2450 - 2550 05 EP . 2650 -2950 90 Zeta - 2750 - 3000 Hint : With all remaining variables unchanged , digging deeper is more expensive and is less advantageous . Graph the decisions on the following page , using the X 1 Axis as the probability of unlucky . Ensure you label each graphed line and all data points on the left axis and right axis . Ensure you draw the EVWPI line