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Suppose the probability of a single well hitting oil in one field is 1/15 and in a second field is 1...
4 months ago
Q:
Suppose the probability of a single well hitting oil in one field is 1/15 and in a second field is 1/30. What is the probability that a well in each field will both produce oil? 2/45 1/10 1/450
Accepted Solution
A:
The answer is 1/450
1/15 * 1/30 = 1/450