Recent content by ORACLE

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    Probability Question - Pls verify my answer

    hi prof, thanks. but now i get a -ve probability. what does it mean? pls help. P(18<=X<=22) = P(22) – P(18) = .1915 - .3085 = -0.117
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    Probability Question - Pls verify my answer

    hi mystic998 can you explain a bit about the problem. thanks
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    Probability Question - Pls verify my answer

    hi, pls comment on my solution. thanks. Question A binomial probability distribution has p= 0.20 and n = 100. a)What is the mean and standard deviation? b)Can you approximate these Binomial probabilities by the normal probabilities? Explain. c)What is the probability of more than 24...
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    Conditional probability problem - help need

    thanks a lot arildno
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    What Are the Probabilities of Drilling Outcomes for an Oil Company?

    probability questions & solutions hi professor questions and my answers are attached as pdf file. pls comment. thanks a lot
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    What Are the Probabilities of Drilling Outcomes for an Oil Company?

    also Prof. HallsofIvy, I have couple of sets of problems that i have solved which needs to be commented. Can I post those? Iam in IT profession and doing my MBA in info systems. thanks
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    What Are the Probabilities of Drilling Outcomes for an Oil Company?

    hi HallsofIvy missing carets and others were copy paste errors. thanks for your help and suggestions
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    What Are the Probabilities of Drilling Outcomes for an Oil Company?

    Questions 1. National Oil Company conducts exploratory oil drilling operations in the south western United States. To fund the operation, investors form partnerships, which provide the financial support necessary to drill a fixed number of oil wells. Each well drilled is classified as a...
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    Conditional probability problem - help need

    thanks arildno but one doubt. as the question asks for prob of 4 or more, do i have to find for 5 and 6 the same way and add the probs?
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    Conditional probability problem - help need

    hi I got a stats problem infornt of me. I figured out that it is abaut conditional probability. But I am stuck :confused: . # hurricanes 0 1 2 3 4 5 6 probability .25 .33 .24 .11 .04 .02 .01 prob >6 is 0 questions are independent. a.)...
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