Suppose the probability of an IRS audit is 1.8 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or ...
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Suppose the probability of an IRS audit is 1.8 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 audited | to |
(b) | What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.) |
Odds against a taxpayer being audited | to |