Answer:
0.36 = 36% probability that the land has oil and the test predicts it
Step-by-step explanation:
Conditional Probability
We use the conditional probability formula to solve this question. It is

In which
P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
P(A) is the probability of A happening.
45% chance that the land has oil.
This means that 
He buys a kit that claims to have an 80% accuracy rate of indicating oil in the soil.
This means that 
What is the probability that the land has oil and the test predicts it?
This is
. So


0.36 = 36% probability that the land has oil and the test predicts it
Answer: Yes.
Step By Step Explanation:
The answer for this is the last option
I believe the fourth one is the answer.
9514 1404 393
Answer:
J. 2085
Step-by-step explanation:
Fill in the desired value for y and solve for x.
1500 = 50(1.05^x)
30 = 1.05^x . . . . . . . divide by 50
log(30) = x·log(1.05) . . . . . take logarithms
x = log(30)/log(1.05) ≈ 69.71
Since x represents years after December 2015, x = 69.7 will be some time in mid 2085.