C04 · Lesson 22 of 22 · 25 min · 6 hands-on tasks

Boss: The Drilling Decision

Brookvale wants a town heat network fed by a 2,500-metre geothermal well, and offers Halden the project. Success is worth $9 million; a cold well loses $3 million, more than half the company. Estimate the odds with a regression, fold back a tree with a test and a partner, apply Halden's risk tolerance, and write the recommendation. Everything in this course, in one decision.