. An income tax inspector suspects that 15% of tax returns contain fraudulent claims. If 12 returns are selected at rand
Posted: Wed Dec 15, 2021 10:36 am
. An income tax inspector suspects that 15% of tax returns
contain fraudulent claims. If 12 returns are selected at
random,
what is the probability that there are:
i. no fraudulent claims?
ii. more than 3 fraudulent claims?
[Ans: i. 0.1422 ii. 0.0922]
(could you please show how these answers are achieved please
with a step by step process)
contain fraudulent claims. If 12 returns are selected at
random,
what is the probability that there are:
i. no fraudulent claims?
ii. more than 3 fraudulent claims?
[Ans: i. 0.1422 ii. 0.0922]
(could you please show how these answers are achieved please
with a step by step process)