Answer:
0.09 or 9%.
Step-by-step explanation:
We have been given that Jason inherited a piece of land from his great-uncle. Owners in the area claim that there is a 45% chance that the land has oil.
We will use conditional probability formula to get our answer.
We have been given that probability that land has oil is 45% or 0.45.
Let us find the probability that test predicts an inaccurate result. As probability of predicting an accurate test is 80%, so probability that test will be inaccurate will be 100%-80%=20% or 0.20.
Therefore, the probability that the land has oil and the test predicts it will be 0.09 or 9%.