the chance of an IRS audit for a tax return with over 25000 in income is...

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the chance of an IRS audit for a tax return with over 25000 in income is...

the chance of an IRS audit for a tax return with over 25000 in income is about 2% per year. We are interested in the expected number of audits a person with that income has in a 20 yea period. assume each year is independent. Let X = the number of audits in a 20 year period.

A) how many audits are expected in a 20 year period ?

B) Find the probability that a person is not audited at all. (round to 4 decimal spaces)

C) Find the probability that a person is audited more than twice.(round to four decimal places)

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math Statistics-And-Probability

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