Question
An event E has a probability p = P(E) = 0.1 in some sample space. Suppose the experiment that yields this sample space is repeated
An oil company estimates that only 1 well in 16 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If 12 wells are drilled, find the probability of obtaining a commercially successful well for the following number of times. (Round your answer to six decimal places.)
Exactly 1
Exactly 4
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Probability and Random Processes With Applications to Signal Processing and Communications
Authors: Scott Miller, Donald Childers
2nd edition
123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814
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