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Old 04-19-2005, 05:59 PM  
DateDoc
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Quote:
Originally Posted by woj
a. 80% ....
How do you figure that?
3 parcels of land, 60%, 20% and 20% making the overall probability of finding oil 33.33% (60+20+20/3=33.33) or you could be philosophical about it and say that since there is 60% oil in finding oil in the 1st parcel then the overall chances of finding oil are still 60%.
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