Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file 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.) B) What are the odds against such a taxpayer being audited? (Round tiur answers to the nearest whole number.)

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file 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.)

B) What are the odds against such a taxpayer being audited? (Round tiur answers to the nearest whole number.)

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