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Suppose that the IRS assigns auditing rates per state by landome selecting 5D auditing percentages from a normal distribution with a mean equal to 1.55%
Suppose that the IRS assigns auditing rates per state by landome selecting 5D auditing percentages from a normal distribution with a mean equal to 1.55% and a standard deviation of 0.45%. (a) What is the probability that a particular state would have more than 2% of its tax returns audited? [Round your answer to four decimal places.) (b) What is the expected value of x, the number of states that will have more than 2% of their income tax returns audited? (Round your answer to three decimal places.) E
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