Question
An oil company is considering drilling in either TX, AK and NJ. The company may operate in only one state. There is 60% chance the
An oil company is considering drilling in either TX, AK and NJ. The company may operate in only one state. There is 60% chance the company will choose TX and 10% chance - NJ. There is 30% chance of finding oil in TX, 20% - in AK, and 10% - in NJ. 1. What's the probability of finding oil? 2. The company decided to drill and found oil. What is the probability that they drilled in TX?
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Basic College Mathematics (Subscription)
Authors: Elayn Martin Gay
6th Edition
0134844947, 9780134844947
