Discuss the below:
Q1: An oil drilling operation predicts the success of a new well based on the geological structure. Experience shows what the probability of a type A structure at the site of a productive well is 0.40. The company also knows that 50% of all wells are drilled in locations with type A structure. Finally, 30% of all wells drilled are productive.
Q2: If drilling process begins in a location with a type A structure, what is the probability of having a productive well at that location?