The Internal Revenue Service is studying the category of charitable contributions. A sample of 25 returns is
Question:
a. Explain why the hypergeometric distribution is appropriate.
b. What is the probability exactly one of the four audited had a charitable deduction of more than $1,000?
c. What is the probability at least one of the audited returns had a charitable contribution of more than $1,000?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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