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Suppose the probability of an IRS audit is 2.6 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 2.6 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.)
Odds that a taxpayer will be auditedto
(b)What are the oddsagainstsuch a taxpayer being audited?(Round your answers to the nearest whole number.)
Oddsagainsta taxpayer being auditedto
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