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 :FIN512 Entrepreneurial Finance Chapter

Chapter 6: Discussion Question: #4 p. 223

It is usually easier to forecast sales for a seasoned firm contrast to an early-stage venture because an early-stage venture has limited access to bank credit lines, sho

• ##### Q :Calculate the p- value Medical tests

Medical tests were conducted to learn about drug-resistant tuberculosis. Of 284 cases tested in New Jersey, 18 were found to be drug- resistant. Of 536 cases tested in Texas, 10 were found to be drugresistant. Do these data indicate that New Jersey has a statisti

• ##### Q :What is Forced Flow Law Forced Flow Law

Forced Flow Law:

• The forced flow law captures the relationship between the various components in the system. It states that the throughputs or flows, in all parts of a system must be proportional t

• ##### 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 :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 :Problem on Model Checking Part (a).

Part (a). Draw a state diagram for a car with the following state variables: D indicating whether the car is in drive; B indicating the brake pedal is depressed; G indicating the gas pedal is depressed; and M indicating whether the car is moving. (For example, the sta

• ##### Q :Decision Variables Determine Decision

Determine Decision Variables:

Let X1 be the number of private homes to be inspected
Let X2 be the number of office buildings to be inspect

• ##### Q :Regression Analysis 1. A planning

1. A planning official in the Texas Department of Community Affairs, which works in the office next to you, has a problem. He has been handed a data set from his boss that includes the costs involved in developing local land use plans for communities wi

• ##### 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 :Data Description 1. If the mean number

1. If the mean number of hours of television watched by teenagers per week is 12 with a standard deviation of 2 hours, what proportion of teenagers watch 16 to 18 hours of TV a week? (Assume a normal distribution.) A. 2.1% B. 4.5% C. 0.3% D. 4.2% 2. The probability of an offender having a s