Ask Question
5 June, 07:19

For the fiscal year 2007, a tax authority audited 1.91 % of individual tax returns with income of $100,000 or more. Suppose this percentage stays the same for the current tax year. What is the probability that two randomly selected returns with income of $100,000 or more will be audited?

+3
Answers (1)
  1. 5 June, 09:38
    0
    Answer 96.2 %

    1-.0191=.9809

    .9809^2=.96216481
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “For the fiscal year 2007, a tax authority audited 1.91 % of individual tax returns with income of $100,000 or more. Suppose this percentage ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers