SOLUTION: An oil company estimates that only 1 well in 17 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If 10 wells are drilled,

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Question 1126181: An oil company estimates that only 1 well in 17 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If 10 wells are drilled, find the probability of obtaining a commercially successful well for the following number of times. (Round your answer to six decimal places.)

Exactly 2
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
exactly 2 is 10C2*(1/17)^2*(15/17)^8=0.057208
Keep the fractions intact rather than converting them to decimals.