--%>

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 : 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 : Define Service Demand Law

    Service Demand Law:• Dk = SKVK, Average time spent by a typical request obtaining service from resource k• DK = (ρk/X

  • Q : Model Checking Approach Model Checking

    Model Checking Approach: • Specify program model and exhaustively evaluate that model against a speci?cation        –Check that properties hold   

  • Q : Creating Grouped Frequency Distribution

    Creating Grouped Frequency Distribution: A) At first we have to determine the biggest and smallest values. B) Then we have to Calculate the Range = Maximum - Minimum C) Choose the number of classes wished for. This is generally between 5 to 20. D) Find out the class width by dividing the range b

  • Q : State Kendalls notation

    Kendall’s notation:  A/B/C/K/m/Z A, Inter-arrival distribution M exponential D constant or determ

  • Q : Decision Variables Determine Decision

    Determine Decision Variables: Let X1 be the number of private homes to be inspectedLet X2 be the number of office buildings to be inspect

  • Q : OIL I need to product when oil will

    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 producti

  • Q : Sample Questions in Graphical Solution

    Solved problems in Graphical Solution Procedure, sample assignments and homework Questions: Minimize Z = 10x1 + 4x2 Subject to

  • Q : Explain Queuing theory Queuing theory :

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

    Q : Point of estimate standing data se to

    standing data se to develop a point of estimate