Suppose the probability of an IRS audit is 1.5 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.)

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

4-4 Homework: Chapter 5 (i Saved Check my work mode : This shows what is correct or incorrect for the work you ha 2 Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. 5 (a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.) points * Answer is complete but not entirely correct. Odds that a taxpayer will be audited 3 x to 197 X (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.) * Answer is complete but not entirely correct. Odds against a taxpayer being audited 197 x to 3 x