Answer:
(A) The odds that the taxpayer will be audited is approximately 0.015.
(B) The odds against these taxpayer being audited is approximately 65.67.
Step-by-step explanation:
The complete question is:
Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.
A. What are the odds that the taxpayer will be audited?
B. What are the odds against such tax payer being audited?
Solution:
The proportion of U.S. taxpayers who were audited is:
P (A) = 0.015
Then the proportion of U.S. taxpayers who were not audited will be:
P (A') = 1 - P (A)
= 1 - 0.015
= 0.985
(A)
Compute the odds that the taxpayer will be audited as follows:


Thus, the odds that the taxpayer will be audited is approximately 0.015.
(B)
Compute the odds against these taxpayer being audited as follows:


Thus, the odds against these taxpayer being audited is approximately 65.67.
2*(x-5) = -33, so x-5 = -16.5, so x = -11.5
This is assuming that "the difference between a and b" is a-b, which seems to be the accepted interpretation.
Answer:
Step-by-step explanation:
<u>Ratio of turns</u>
<u>If A = 60 then the ratio is</u>
- 60/B = 2/3 ⇒ B = 60*3/2 = 90