Suppose the probability of a IRS audit is 2.1% for U.S. taxpayers who file form 1040 and who earned $100,000 or more. What are the odds that such a taxpayer will be audited

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.7: Probability And Odds
Problem 1C
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Suppose the probability of a IRS audit is 2.1% for U.S. taxpayers who file form 1040 and who earned $100,000 or more. What are the odds that such a taxpayer will be audited
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How do I get the odds of the solution of the above please break it down for me, this is the first time of dealing with statics so all of this is New to me

 

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