An event E has a probability p = P(E) = 0.1 in some sample space. Suppose the experiment that yields this sample space is repeated 5 times and the outcomes are independent. Find the probability of getting E exactly 3 times. Round your answer to 6 decimal places.

 

An oil company estimates that only 1 well in 16 will yield commercial quantities of oil. Assume that successful drilled wells represent independent events. If 12 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 1

Exactly 4

  

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For the first question Let X be the number of times event E occurs in 5 independent trials where X ... View the full answer