Question
Suppose the probability of an IRS audit is 3.4 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 3.4 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 audited1
Numeric Response1.
Edit Unavailable.1correct.
to30Numeric Response2.
Edit Unavailable.30incorrect.
(b)What are the oddsagainstsuch a taxpayer being audited?(Round your answers to the nearest whole number.)
Oddsagainsta taxpayer being audited96
Numeric Response3.
Edit Unavailable.96incorrect.
to1
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