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{"id":227783,"date":"2022-05-30T21:23:00","date_gmt":"2022-05-30T21:23:00","guid":{"rendered":"https:\/\/qualityassignments.net\/?p=227783"},"modified":"2022-05-30T21:23:00","modified_gmt":"2022-05-30T21:23:00","slug":"applied-managerial-statistics-the-chances-of-a-tax-return-being-audited-are-about-13-in-1000-if-an-income-is-less-than-100000-and-29-in-1000-if","status":"publish","type":"post","link":"https:\/\/qualityassignments.net\/2022\/05\/30\/applied-managerial-statistics-the-chances-of-a-tax-return-being-audited-are-about-13-in-1000-if-an-income-is-less-than-100000-and-29-in-1000-if\/","title":{"rendered":"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…"},"content":{"rendered":"
\n if an income is less than\u200b $100,000 and 29 in 1,000 if an income is\u200b $100,000 or more. Complete parts a through e.<\/p>\n

\n (b). If three taxpayers with incomes under\u200b $100,000 are randomly\u200b selected, what is the probability that exactly one will be\u200b audited? That more than one will be\u200b audited?\n <\/p>\n

\n P(X=1) =\n <\/p>\n

\n \u200b(Round to four decimal places as\u200b needed.)\n <\/p>\n

\n What is the probability that more than one will be audited\n <\/p>\n

\n P(x>1) =\n <\/p>\n

\n \u200b(Round to four decimal places as\u200b needed.)\n <\/p>\n

\n c. Repeat part b assuming that\n <\/p>\n

\n three taxpayers with incomes of\u200b $100,000 or more are randomly selected.\n <\/p>\n

\n P(x=1)=\n <\/p>\n

\n \u200b(Round to four decimal places as\u200b needed.)\n <\/p>\n

\n What is the probability that more than one will be\u200b audited?\n <\/p>\n

\n P(x=1)\n <\/p>\n

\n \u200b(Round to four decimal places as\u200b needed.)\n <\/p>\n

\n d. If two taxpayers with incomes under\u200b $100,000 are randomly selected and two with incomes more than\u200b $100,000 are randomly\u200b selected, what is the probability that none of these taxpayers will be\u200b audited?\n <\/p>\n

\n \u200bP(X>1) =\n <\/p>\n

\n \u200b(Round to four decimal places as\u200b needed.)\n <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

if an income is less than\u200b $100,000 and 29 in 1,000 if an income is\u200b $100,000 or more. Complete parts a through e. (b). If three taxpayers with incomes under\u200b $100,000 are randomly\u200b selected, what is the probability that exactly one will be\u200b audited? That more than one will be\u200b audited? P(X=1) = \u200b(Round to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/227783"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=227783"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/227783\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=227783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=227783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=227783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}