Applied Managerial Statistics The chances of a tax return being audited are about 13 in 1,000 if an income is less than $100,000 and 29 in 1,000 if…
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(b). If three 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.)
What is the probability that more than one will be audited
P(x>1) =
(Round to four decimal places as needed.)
c. Repeat part b assuming that
three taxpayers with incomes of $100,000 or more are randomly selected.
P(x=1)=
(Round to four decimal places as needed.)
What is the probability that more than one will be audited?
P(x=1)
(Round to four decimal places as needed.)
d. If two taxpayers with incomes under $100,000 are randomly selected and two with incomes more than $100,000 are randomly selected, what is the probability that none of these taxpayers will be audited?
P(X>1) =
(Round to four decimal places as needed.)
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