# A drilling company has estimated a 40% chance of striking oil for their new well. A detailed test has been

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- A drilling company has estimated a 40% chance of striking oil for their new well. A detailed test has been scheduled for more information. Historically, 80% of successful wells have had detailed tests, and 20% of unsuccessful wells have had detailed tests. Given that this well has been scheduled for a detailed test, what is the probability that the welll will be successful?
**A. .727****B..456****C..789****D..668**- A drilling company has estimated a 30% chance of striking oil for their new well. A detailed test has been scheduled for more information. Historically, 80% of successful wells have had detailed tests, and 20% of unsuccessful wells have had detailed tests. Given that this well has been scheduled for a detailed test, what is the probability that the welll will be successful?
- A..500
- B. .667
- C. .785
- D. .632

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