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    DianaElsie64's Avatar
    DianaElsie64 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 7, 2009, 08:32 AM
    probability of finding oil
    high quality oil = .50
    medium quality oil = .20
    no oil = .30
    what is the probability of finding oil?
    InfoJunkie4Life's Avatar
    InfoJunkie4Life Posts: 1,409, Reputation: 81
    Ultra Member
     
    #2

    Dec 7, 2009, 04:40 PM

    50% of high quality oil
    20% of medium quality oil
    = 70%

    or

    100% - 30% of no oil = 70%

    However you like it...

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