Assume that 25 in every 1000 people in the $34,000 $82,400 income bracket are audited yearly....
The chances of a tax return being audited are about 22 in1,000 if an income is less than$100,000 and 31 in 1,000 if an income is $100,000 or more. Complete parts a through e. a. What is the probability that a taxpayer with income less than $100,000 will be audited? With income of $100,000 or more? P(taxpayer with income less than $100,000 is audited)=_______________(Type an integer or a decimal.) What is the probability that a taxpayer with income of $100,000...
The chances of a tax return being audited are about 22 in 1,000 if an income is less than$100,000 and 31 in 1,000 if an income is $100,000 or more. Complete parts a through e. a. What is the probability that a taxpayer with income less than $100,000 will be audited? With income of $100,000 or more? P(taxpayer with income less than $100,000 is audited)=_____________(Type an integer or a decimal.) What is the probability that a taxpayer with income of...
The chances of a tax return being audited are about 18 in 1,000 if an income is less than $100,000 and 39 in 1,000 if an income is $100,000 or more. Complete parts a through e. a. What is the probability that a taxpayer with income less than $100,000 will be audited? With income of $100,000 or more? U P(taxpayer with income less than $100,000 is audited) = 0.018 8 (Type an integer or a decimal.) What is the probability...
Among 450 randomly selected drivers in the 20-24 age bracket, 9 were in a car crash in the last year. If a driver in that age bracket is randomly selected, what is the approximate probability that he or she will be in a car crash during the next year? Is it unlikely for a driver in that age bracket to be involved in a car crash during a year? Is the resulting value high enough to be of concern to...
A radio station runs a promotion at an auto show with a money box with 15 $25 tickets, 11 $5 tickets, and 12 31 tickets. The box contains an additional 20 "dummy" tickets with no value. Three tickets are randomly drawn. Find the probability that all three tickets have no value. 3. The probability that all three tickets drawn have no money value is Round to four decimal places as needed.) 4. If you are dealt 3 cards from a...