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.) Odds that a taxpayer will be audited ___1____ to ________ (b) What are the odds AGAINIST such a taxpayer being audited? ( Round your answers to the nearest whole number.) Odds against a taxpayer being audited? ________ to _____1____
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.) Odds that a taxpayer will be audited ___1____ to ________ (b) What are the odds AGAINIST such a taxpayer being audited? ( Round your answers to the nearest whole number.) Odds against a taxpayer being audited? ________ to _____1____
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
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Suppose the
(a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.)
Odds that a taxpayer will be audited ___1____ to ________
(b) What are the odds AGAINIST such a taxpayer being audited? ( Round your answers to the nearest whole number.)
Odds against a taxpayer being audited? ________ to _____1____
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