Introduction To Probability And Statistics
15th Edition
ISBN: 9781337554428
Author: Mendenhall, William.
Publisher: Cengage Learning,
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Chapter 4.5, Problem 14E
Cheating on Your Taxes? Suppose 5% of all peoplefiling the long income tax form seek deductions thatthey know are illegal, and an additional 2% incorrectlylist deductions because they are unfamiliar with incometax regulations. Of the 5% who are guilty of cheating,80% will deny knowledge of the error if confrontedby an investigator. If the filer of the long form is confrontedwith an unwarranted deduction and he or shedenies the knowledge of the error, what is the probabilitythat he or she is guilty?
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A $150 eReader comes with a warranty from an electronics business that covers theft (T) and accidental damage (AD) . Due to the high expense of repairing an eReader, it is more cost-effective for the business to provide the customer a complete refund to go toward another one. There is a 5.1% possibility that an AD (Accidenal Claim) claim will be made in any given year. Assume there can only be one claim made (not one of each type).Customers who report an eReader as stolen will get a reimbursement for 80% of the item's full price. A Theft (T) claim is likely to be submitted 3.5% of the time in any given year.What is the anticipated financial benefit or loss for the firm on each contract if the warrantee costs $15.95 for a year?(NOTE: Keep in mind that regardless of whether a claim is made, the consumer will pay for the warranty upfront.)
For people who fill the long income tax form with illegal
deductions, every 6 out of 9 know it is illegal, and the
remaining 3 out of 9 did it incorrectly because they are
unfamiliar with the tax regulations. Among those who
filled illegal deductions and know it is illegal, 75% will
deny knowledge of the error. Among those who filled
illegal deductions because of unfamiliarity, 100% deny
knowledge of the error. If the filer filled out the form
with illegal deductions and denies the knowledge of the
error, what is the probability that the filer knows it's
illegal?
As a tax return preparer for The Fernando Rodriguez Tax & Accounting Service, you have been asked to calculate the missing information for one of the firm's tax clients. The following table gives the standard deduction for various filing statuses.
Standard Deductions
Single or married filing separately
$12,000
Married filing jointly or surviving spouse
$24,000
Head of household
$18,000
65 or older and/or blindand/or someone else canclaim you (or your spouseif filing jointly) as a dependent:
Varies(See www.irs.gov for information.)
Using the standard deduction table above, complete the following table (in $).
Name
Filing Status
Income
Adjustments toIncome
Adjusted GrossIncome
StandardDeduction
ItemizedDeductions
TaxableIncome
Campbell
Married filingjointly
$52,120
$1,760
$
$
$5,910
$
When finding your client's taxable income, which deduction did you use?
standard deductionitemized deductions
Chapter 4 Solutions
Introduction To Probability And Statistics
Ch. 4.1 - Experiment I A single die is tossed. List the...Ch. 4.1 - Experiment I A single die is tossed. List the...Ch. 4.1 - Experiment I A single die is tossed. List the...Ch. 4.1 - Experiment I A single die is tossed. List the...Ch. 4.1 - Experiment I A single die is tossed. List the...Ch. 4.1 - Prob. 6ECh. 4.1 - Prob. 7ECh. 4.1 - Experiment II A sample space contains seven...Ch. 4.1 - Prob. 9ECh. 4.1 - Experiment II A sample space contains seven...
Ch. 4.1 - Prob. 11ECh. 4.1 - Experiment II A sample space contains seven...Ch. 4.1 - Prob. 13ECh. 4.1 - Prob. 14ECh. 4.1 - Prob. 15ECh. 4.1 - Prob. 16ECh. 4.1 - Simple Events Define the simple events for...Ch. 4.1 - Simple Events Define the simple events for...Ch. 4.1 - Prob. 19ECh. 4.1 - Simple Events Define the simple events for...Ch. 4.1 - Prob. 21ECh. 4.1 - Prob. 22ECh. 4.1 - Prob. 23ECh. 4.1 - Tree Diagrams Use a tree diagram to find the...Ch. 4.1 - Table of Outcomes Use a table of outcomes to...Ch. 4.1 - Table of Outcomes Use a table of outcomes to...Ch. 4.1 - Table of Outcomes Use a table of outcomes to...Ch. 4.1 - The Urn Problem A bowl contains three red and two...Ch. 4.1 - Prob. 29ECh. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment I A single fair die is tossed....Ch. 4.2 - Experiment II A sample space contains seven...Ch. 4.2 - Experiment II A sample space contains seven...Ch. 4.2 - Experiment II A sample space contains seven...Ch. 4.2 - Experiment II A sample space contains seven...Ch. 4.2 - Experiment III A sample space consists of five...Ch. 4.2 - Experiment III A sample space consists of five...Ch. 4.2 - Experiment III A sample space consists of five...Ch. 4.2 - Experiment III A sample space consists of five...Ch. 4.2 - Experiment III A sample space consists of five...Ch. 4.2 - Prob. 16ECh. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Spaces and Probability For the experiments in...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Sample Spaces and Probability For the experiments...Ch. 4.2 - Free Throws A particular basketball player hits70%...Ch. 4.2 - Four Coins A jar contains four coins: a nickel,a...Ch. 4.2 - Preschool or Not? A teacher randomly selects 1...Ch. 4.2 - Need Eyeglasses? A large number of adults...Ch. 4.2 - Prob. 31ECh. 4.2 - Aspirin Refer to Exercise 31 and find...Ch. 4.2 - Jury Duty Three people are randomly selected...Ch. 4.2 - Jury Duty II Refer to Exercise 33. Suppose...Ch. 4.2 - Tea Tasters A single person is hired to taste...Ch. 4.2 - -Meter Run Four equally qualified runners,John,...Ch. 4.2 - Fruit Flies In a genetics experiment, the...Ch. 4.2 - Playing the Slots A slot machine has three...Ch. 4.2 - Pepsi™ or Coke™? An experiment is conducted ata...Ch. 4.2 - Flextime A survey to determine the availability...Ch. 4.3 - The mn Rule Use the mn Rule to find the number...Ch. 4.3 - The mn Rule Use the mn Rule to find the number of...Ch. 4.3 - The mn Rule Use the mn Rule to find the number of...Ch. 4.3 - The mn Rule Use the mn Rule to find the number of...Ch. 4.3 - Permutations Evaluate the permutations inExercises...Ch. 4.3 - Permutations Evaluate the permutations in...Ch. 4.3 - Permutations Evaluate the permutations in...Ch. 4.3 - Permutations Evaluate the permutations in...Ch. 4.3 - Combinations Evaluate the combinations inExercises...Ch. 4.3 - Combinations Evaluate the combinations in...Ch. 4.3 - Combinations Evaluate the combinations in...Ch. 4.3 - Combinations Evaluate the combinations in...Ch. 4.3 - Choosing People In how many ways can youselect...Ch. 4.3 - Choosing People, again In how many ways canyou...Ch. 4.3 - The Urn Problem, again Three balls are...Ch. 4.3 - What to Wear? You own 4 pairs of jeans, 12...Ch. 4.3 - Itineraries A businessman in New York is...Ch. 4.3 - Vacation Plans Your family vacation involves...Ch. 4.3 - A Card Game Three students are playing a cardgame....Ch. 4.3 - Dinner at Gerard’s A French restaurant offers...Ch. 4.3 - Playing Poker Five cards are selected from...Ch. 4.3 - Poker II Refer to Exercise 21. You have a...Ch. 4.3 - A Hospital Survey A study is to be conducted in...Ch. 4.3 - Traffic Problems Two city council members are tobe...Ch. 4.3 - Prob. 25ECh. 4.3 - Prob. 26ECh. 4.3 - Prob. 27ECh. 4.3 - Cramming A student prepares for an exam bystudying...Ch. 4.3 - Monkey Business A monkey is given 12 blocks:3...Ch. 4.3 - Viruses A certain virus afflicted the families...Ch. 4.4 - Experiment I An experiment can result in one of...Ch. 4.4 - Prob. 2ECh. 4.4 - Prob. 3ECh. 4.4 - Experiment I An experiment can result in one of...Ch. 4.4 - Prob. 5ECh. 4.4 - Prob. 6ECh. 4.4 - Experiment II Suppose P(A)=.1andP(B)=.5.Answer the...Ch. 4.4 - Experiment II Suppose P(A)=.1and P(B)=.5. Answer...Ch. 4.4 - Experiment II Suppose P(A)=.1and P(B)=.5. Answer...Ch. 4.4 - Experiment II Suppose P(A)=.1and P(B)=.5. Answer...Ch. 4.4 - Experiment III An experiment can result in one...Ch. 4.4 - Prob. 12ECh. 4.4 - Prob. 13ECh. 4.4 - Prob. 14ECh. 4.4 - Prob. 15ECh. 4.4 - Prob. 16ECh. 4.4 - Prob. 17ECh. 4.4 - Dice An experiment consists of tossing a single...Ch. 4.4 - Prob. 19ECh. 4.4 - Prob. 20ECh. 4.4 - Prob. 21ECh. 4.4 - Drug Testing In testing prospective employees...Ch. 4.4 - Prob. 23ECh. 4.4 - Prob. 24ECh. 4.4 - Prob. 25ECh. 4.4 - Prob. 26ECh. 4.4 - Prob. 27ECh. 4.4 - Prob. 28ECh. 4.4 - Starbucks or Peet’s®? A college student frequents...Ch. 4.4 - Prob. 30ECh. 4.4 - Smoking and Cancer A survey of people in a...Ch. 4.4 - Smoke Detectors A smoke-detector system usestwo...Ch. 4.4 - Plant Genetics In 1865, Gregor Mendel suggesteda...Ch. 4.4 - Prob. 34ECh. 4.4 - Prob. 35ECh. 4.4 - Choosing a Mate Men and women often disagreeon how...Ch. 4.4 - Jordan and Durant Two stars of the LA Clippersand...Ch. 4.5 - Bayes’ Rule I A sample is selected from one of two...Ch. 4.5 - Bayes’ Rule I A sample is selected from one of two...Ch. 4.5 - Bayes’ Rule I A sample is selected from one of two...Ch. 4.5 - Bayes’ Rule II When an experiment is conducted,...Ch. 4.5 - Bayes’ Rule II When an experiment is conducted,...Ch. 4.5 - Bayes’ Rule II When an experiment is conducted,...Ch. 4.5 - Law of Total Probability A population can...Ch. 4.5 - Violent Crime City crime records show that 20%...Ch. 4.5 - Worker Error A worker-operated machine producesa...Ch. 4.5 - Airport Security Suppose that, in a particular...Ch. 4.5 - Prob. 11ECh. 4.5 - No Pass, No Play Under the “no pass, no play”rule...Ch. 4.5 - Medical Diagnostics Different illnesses can...Ch. 4.5 - Cheating on Your Taxes? Suppose 5% of all...Ch. 4.5 - Screening Tests Suppose that a certain diseaseis...Ch. 4 - Whistle Blowers Although there is legal...Ch. 4 - DVRs A retailer sells two styles of digital...Ch. 4 - Prob. 3RWYLCh. 4 - A Reticent Salesman The probability that a...Ch. 4 - Prob. 5RWYLCh. 4 - Prob. 6RWYLCh. 4 - Prob. 7RWYLCh. 4 - Prob. 8RWYLCh. 4 - Prob. 9RWYLCh. 4 - Prob. 10RWYLCh. 4 - Prob. 11RWYLCh. 4 - The Match Game Two men each toss a coin....Ch. 4 - Contract Negotiations Experience has shown...Ch. 4 - Prob. 14RWYLCh. 4 - Prob. 15RWYLCh. 4 - Prob. 16RWYLCh. 4 - Mass Transit Only 40% of all people in a...Ch. 4 - Prob. 18RWYLCh. 4 - Prob. 19RWYLCh. 4 - Prob. 20RWYLCh. 4 - Prob. 21RWYL
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