According to Internal Revenue Service records, 1.66% of all household tax returns are audited. According to the Humane Society, 40% of all households own a dog. Assuming dog ownership and audits are independent events, what is the probability a randomly selected household is audited and owns a dog? The probability is (Round to six decimal places as needed.)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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According to Internal Revenue Service records, 1.66% of all household tax returns are audited. According to the Humane Society, 40% of all households own a dog. Assuming dog ownership and
audits are independent events, what is the probability a randomly selected household is audited and owns a dog?
The probability is
(Round to six decimal places as needed.).
C
Transcribed Image Text:According to Internal Revenue Service records, 1.66% of all household tax returns are audited. According to the Humane Society, 40% of all households own a dog. Assuming dog ownership and audits are independent events, what is the probability a randomly selected household is audited and owns a dog? The probability is (Round to six decimal places as needed.). C
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