Answer:
The revised probabilities are;
The probability of finding soil with oil = 0.8
The probability of finding soil with good oil = 0.16
The probability of finding medium quality oil = 0.64
Step-by-step explanation:
The given probability of finding soil with high quality oil, P(QO) = 0.20
The probability of finding soil with medium-quality oil, P(OM) = 0.80
The probability of finding soil with no oil, P(ON) = 0.2
Therefore, given that the probability of finding soil with no oil = 0.2, we have;
The probability of finding soil with oil, P(OP) = 1 - the probability of finding soil with no oil
P(OP) = 1 - 0.2 = 0.8
Which gives;
The probability, P(FG) of finding soil with oil and that the oil is good is given as follows;
P(FG) = P(QO) × P(OP) = 0.2 × 0.8 = 0.16
The probability of finding good oil = 0.16
Similarly;
The probability of finding medium quality oil P(FM) = P(OM) × P(OP) = 0.8 × 0.8 = 0.64
Which gives the revised probability as follows;
The probability of finding soil with oil, P(OP) = 0.8
The probability of finding soil with good oil, P(FG) = 0.16
The probability of finding medium quality oil, P(FM) = 0.64.
