--%>

OIL

I need to product when oil will finish time (by years) for 6 countries if the keep their production (per day) in the same level. So, the 6 countries have fixed reserves and production 1. statistics for Bahrain Crude oil reserves (million barrels) = 124.6 be careful in million Crude oil production (per day)=49,160 2. statistics for Kuwait Crude oil reserves (billion barrels) =104 be careful in billion Crude oil production (per day) =2,797,000 3. statistics for Oman Crude oil reserves (billion barrels) =5.5 be careful in billion Crude oil production (per day) =923,800 4. statistics for Qatar Crude oil reserves (billion barrels) =25.38 be careful in billion Crude oil production (per day) =1,579,000 5. statistics for Saudi Arabia Crude oil reserves (billion barrels) =267.9 be careful in billion Crude oil production (per day) =11,730,000 6. statistics for UAE Crude oil reserves (billion barrels) =97.8 be careful in billion Crude oil production (per day) =3,213,000 Find how many years for oil to finish and plot them? Thanks

   Related Questions in Basic Statistics

  • Q : Cumulative Frequency and Relative

    Explain differences between Cumulative Frequency and Relative Frequency?

  • Q : Problem on queuing diagram Draw a 

    Draw a queuing diagram for the systems below and describe them using Kendall’s notation: A) Single CPU system <

  • Q : Safety and Liveness in Model Checking

    Safety and Liveness in Model Checking Approach; •? Safety: Nothing bad happens •? Liveness: Something good happens •? Model checking is especially good at verifying safety and liveness properties    –?Concurrency i

  • Q : What is Interactive Response Time Law

    Interactive Response Time Law: • R = (L/X) - Z• Applies to closed systems.• Z is the think time. The time elapsed since&nb

  • Q : Sample z test and Sample t test A

    A random sample X1, X2, …, Xn is from a normal population with mean µ and variance σ2. If σ is unknown, give a 95% confidence interval of the population mean, and interpret it. Discuss the major diff

  • Q : Derived quantities in Queuing system

    Derived quantities in Queuing system: • λ = A / T, Arrival rate • X = C / T, Throughput or completion rate • ρ =U= B / T, Utilization &bu

  • Q : State Littles Law Little’s Law : • L =

    Little’s Law: • L = λR = XR • Lq = λW = XW • Steady state system • Little’s Law holds as long as customers are not destroyed or&nbs

  • Q : Computing Average revenue using

    Can anyone help me in the illustrated problem? The airport branch of a car rental company maintains a fleet of 50 SUVs. The inter-arrival time between the requests for an SUV is 2.4 hrs, on an average, with a standard deviation of 2.4 hrs. There is no indication of a

  • Q : STATISTICS Question This week you will

    This week you will analyze if women drink more sodas than men.  For the purposes of this Question, assume that in the past there has been no difference.  However, you have seen lots of women drinking sodas the past few months.  You will perform a hypothesis test to determine if women now drink more

  • Q : Explain Queuing theory Queuing theory :

    Queuing theory: • Queuing theory deals with the analysis of lines where customers wait to receive a service:

    Discover Q & A

    Leading Solution Library
    Avail More Than 1454030 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1938062
    Asked

    3,689

    Active Tutors

    1454030

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.