2. A geological study indicates that an exploratory oil well drilled in a particular region should strike oil with probability 0.20. Find the probability that the third oil strike comes on the fifth well drilled.

Respuesta :

Answer:

3.07% probability that the third oil strike comes on the fifth well drilled.

Step-by-step explanation:

For each oil drill, there are only two possible outcomes. Either there is a strike, or there is not. The probability that oil is striken in a trial is independent of other trials. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Strike oil with probability 0.20.

This means that [tex]p = 0.2[/tex]

Find the probability that the third oil strike comes on the fifth well drilled.

2 strikes on the first four drills(P(X = 2) when n = 4) and strike on the fifth(0.2 probability).

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 2) = C_{4,2}.(0.2)^{2}.(0.8)^{2} = 0.1536[/tex]

0.2*0.1536 = 0.0307

3.07% probability that the third oil strike comes on the fifth well drilled.