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The probability of an audit by IT department for a tax return with over Rs 15L in income is about 2% per year. Suppose that
The probability of an audit by IT department for a tax return with over Rs 15L in income is about 2% per year. Suppose that 100 people with tax returns over Rs 15L in income are randomly pickedThe area of interested in the number of people audited in one year. a. How many are expected to be audited? bFind the probability that no one was audited . Find the probability that at least three were audited.
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