--%>
Assignment Help - homework help

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 : 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 : Building Models Building Models • What

    Building Models • What do we need to know to build a model?– For model checking we need to specify behavior • Consider a simple vending machine – A custome rinserts coins, selects a beverage and receives a can of soda &bul

    		•
  • 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 : 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 : Probability how can i calculate

    how can i calculate cumulative probabilities of survival

    		•
  • Q : Define Utilization Law Utilization Law

    Utilization Law: • ρk = XK . SK = X . DK • Utilization of a resource is the fraction

    		•
  • Q : Time series what are the four

    what are the four components of time series?

    		•
  • Q : Probability how can i calculate

    how can i calculate cumulative probabilities of survival

    		•
  • Q : Point of estimate standing data se to

    standing data se to develop a point of estimate

    		•
  • 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

    		•