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The chances of a tax return being audited are about 19 in 1,000 if an income is less than $100,000 and 34 in 1,000 if
The chances of a tax return being audited are about 19 in 1,000 if an income is less than $100,000 and 34 in 1,000 if an income is $100,000 or more. Complete parts a through e. a. What is the probability that a taxpayer with income less than $100,000 will be audited? With income of $100,000 or more? P(taxpayer with income less than $100,000 is audited) = 0.019 (Type an integer or a decimal.) What is the probability that a taxpayer with income of $100,000 or more will be audited? P(taxpayer with income of $100,000 or higher is audited) = 0.034 (Type an integer or a decimal.) b. If five taxpayers with incomes under $100,000 are randomly selected, what is the probability that exactly one will be audited? That more than one will be audited? P(x= 1) = (Round to four decimal places as needed.)b. If fiveve taxpayers with incomes under $100,000 are randomly selected, what is the probability that exactly one will be audited? That more than one will be audited? P(x=1)equals= ? {Round to tomr decimal places as needed.) What is the probability that more than one will be audited? P(x>1}equals= ? {Round to four decimal places as needed.)
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