Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal income tax returns in a recent year a What is the probability that a randomly chosen return shows an adjusted gross income of $50,000 or more b Given that a return shows an income of at le...

a The probability of a randomly chosen return having a ...

Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal

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Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal income tax returns in a recent year:

Income

a. What is the probability that a randomly chosen return shows an adjusted gross income of $50,000 or more?

b. Given that a return shows an income of at least $50,000, what is the conditional probability that the income is at least $100,000?

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The Practice Of Statistics

ISBN: 9781319113339

6th Edition

Authors: Daren S. Starnes, Josh Tabor

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Question Posted: Aug 12, 2020 04:09 AM

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Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal

Question:

Income <25 25-49 50-99 100-499 2500 Probability 0.431 0.248 0.215 0.100 0.006

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