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The Internal Revenue Service (IRS) audited 1,242,479 individual tax returns in the year 2013. A total of 145,236,429 individuals filed tax returns that year. Also
The Internal Revenue Service (IRS) audited 1,242,479 individual tax returns in the year 2013. A total of 145,236,429 individuals filed tax returns that year. Also in 2013, the IRS audited 25,905 corporate tax returns out of a total 1,924,887 filed. Assume that returns are selected at random. What's the probability a randomly-selected corporate tax return is audited?
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