Give the distribution of X. X- O Part (d) How many audits are expected in a 20-year period? (Round your answer to two decimal places.) audits O Part (e) Find the probability that a person is not audited at all. (Round your answer to four decimal places.) O Part (f) Find the probability that a person is audited more than twice. (Round your answer to four decimal places.)
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
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.
The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interested in the expected number of audits a person with that income has in a 20-year period. Assume each year is independent.
Please label each part
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