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30 Oct 2021

Given information

Total number of people randomly picked with tax returns over $25,000, n = 100

The chance of an IRS audit for a tax return with over $25,000 in income = 2%

 

Step-by-step explanation

Step 1.

Random variable X represents the number of people audited in one year.

Number of people expected to be audited in one year,  

 

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Introductory Statistics
OER Edition, 2013
Openstax
ISBN: 9781938168208

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