- 99 The Chance Of An Irs Audit For A Tax Return With Over 25 000 In Income Is About 2 Per Year We Are Interest Expect 1 (16.35 KiB) Viewed 16 times
99. The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interest expect
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99. The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interest expect
99. The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interest expected number of audits a person with that income has in a 20-year period. Assume each year is independent. a. In words, define the random variable X. b. List the values that X may take on. c. Give the distribution of X. X. d. How many audits are expected in a 20-year period? e. Find the probability that a person is not audited at all. f. Find the probability that a person is audited more than twice.