Solve the equations and inequalities. Write the solution sets to the inequalities in interval notation.
An option on land in Alaska was bought by an oil company. The following prior probabilities were assigned by preliminary geologic studies.
a. What is the probability of finding oil?
b. After 200 feet of drilling on the first well, a soil test is taken. The probabilities of finding the particular type of soil identified by the test follow.
How should the firm interpret the soil test? What are the revised probabilities, and what is the new probability of finding oil?
a) Use base b = 10, precision k = 4, idealized, chopping floating-point arithmetic to show that fl(g(1.015)) is inaccurate, where
An experiment on the probability is carried out, in which the sample space of the experiment is
Let event
Assume that each outcome is equally likely. List the outcome s in For G.
Now find P( For G) by counting the number of outcomes in For G.
Determine P (For G ) using the General Addition Rule.
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