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Assume that hitting oil at one drilling location is independent of another, and that, in a particular region, the probability of success at any individual

Assume that hitting oil at one drilling location is independent of another, and that, in a particular region, the probability of success at any individual location is 0.3. Suppose the drilling company believes that a venture will be profitable if the number of wells drilled until the second success occurs is less than or equal to 7. What is the probability that the venture will be profitable?

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