Answer:
So, the odds that a taxpayer would be audited 28 to 972 or 2.88%
Step-by-step explanation:
Given
Let P(A) = Probability of irs auditing
P(A) = 2.8%
Let n = number of those who earn above 100,000
To get the odds that taxpayer would be audited, we need to first calculated the proportion of those that will be audited and those that won't.
If the probability is 2.8% then 2.8 out of 100 will be audited. That doesn't make a lot of sense since you can't have 2.8 people; we multiply the by 10/10
i.e.
Proportion, P = 2.8/100 * 10/10
P = 28/1000
The proportion of those that would not be audited is calculated as follows;
Q = 1000 - P
By substituton
Q = 1000 - 28
Q = 972
So, the odds that a taxpayer would be audited 28 to 972 or P/Q
P/Q = 28/972
= 0.0288065844
= 2.88% --- Approximately
Answer:
The auditing book is not accurate
Step-by-step explanation:
25($12.5)+50($8)+125($10)+= $1,925
$312.5 + $400 + $1,250 = $1,925
$1,962.5 not= to $1,925
Answer:2-4=
Step-by-step explanation:y-16-(-42)
y-16+16
y-32
y-16-(-22)
y-16+4
y-20
y-16-(02)
y-16
y-16-(42)
y-0
20 because when you do it that way when it is behind the decimal the numbers are always the opposite thousand hundred tens ones . tens hundreds thousands
To find the greatest possible product, you need the greatest possible numbers. The largest possible 2-digit number is 99. The largest possible 1-digit number is 9. Therefore, 99 * 9 will be the largest possible product under these circumstances.
99 * 9 = 891
Hope this helps! :)