It is observed that 3 out of every 5 drills made at an oil-drilling site strike oil. The results from 50-simulation trials of the model showed 1 out of 5 drills
are guaranteed to strike oil. What is the hypothesis, and based on the results from the simulation trials, what should be concluded about the
hypothesis?
A. The hypothesis is that at least 1 out of 5 drills will strike oil. Based on the results from the simulation trials, the hypothesis should be rejected.
B. The hypothesis is that at least 1 out of 5 drills will strike oil. Based on the results from the simulation trials, it can be concluded that the hypothesis is
correct.
C. The hypothesis is that at least 3 out of 5 drills will strike oil. Based on the results from the simulation trials, the hypothesis should be rejected.
D. The hypothesis is that at least 3 out of 5 drills will strike oil. Based on the results from the simulation trials, it can be concluded that the hypothesis is
correct.