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Suppose the probability of an IRS audit is 2.0 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. (a) What

Suppose the probability of an IRS audit is 2.0 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.)

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