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.
Answer:
Price > 100$
Price > 150$
Step-by-step explanation:
Let us assume that x% off of price y$ is better than x$ off.
Hence,
Hence, y > 100
Therefore, when the price is more than 100$, then only x% off on the price is better than x$. (Answer)
Again, assume that 20% off on price y$ is better than 30$ off.
Hence,
⇒ y > 150$
Therefore, when the price is more than 150$, then only 20% of on the price is better than 30$ off. (Answer)
Answer:
Multiply equation
by 5 and
by 4
Step-by-step explanation:
Given:
Equations are 
To find: constant by which each equation should be multiplied to eliminate the variable
in the given system of equations
Solution:

Multiply equation (i) by 5 and (ii) by 4 to get the following equations:

On subtracting these equations, we get

So, the variable
gets eliminated