Suppose the probability of an IRS audit is 2.8 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. (a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.) to Odds that a taxpayer will be audited (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.) to Odds against a taxpayer being audited
Suppose the probability of an IRS audit is 2.8 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. (a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.) to Odds that a taxpayer will be audited (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.) to Odds against a taxpayer being 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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Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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Transcribed Image Text:Suppose the probability of an IRS audit is 2.8 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.
(a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.)
to
Odds that a taxpayer will be audited
(b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.)
to
Odds against a taxpayer being audited
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