Wednesday

November 26, 2014

November 26, 2014

Posted by **Stacy** on Saturday, March 2, 2013 at 9:11pm.

- Probability -
**Reiny**, Sunday, March 3, 2013 at 12:05amexpectation = (1/40)(355000) + (1/20(130000)

= 15375

since it costs $25000 just to drill the well, this is not a good investment.

**Answer this Question**

**Related Questions**

math - An oil-drilling company knows that it costs $28,000 to sink a test well. ...

Algebra Last question for tonight - An oil-drilling company knows that it costs...

algebra - An oil-drilling company knows that it costs $25,000 to sink a test ...

math - An oil-drilling company knows that it costs $25,000 to sink a test well. ...

Algebra - An oil-drilling company knows that it costs $25,000 to sink a test ...

algebra - An oil-drilling company knows that it costs $25,000 to sink a test ...

Math - An oil-drilling company knows that it costs $25,000 to sink a test well. ...

algebra/please help I have been wrong twice - An oil-drilling company knows that...

Probability - An oil-drilling company knows that it costs $25,000 to sink a test...

ALGEBRA - An oil-drilling company knows that it costs $28,000 to sink a test ...