The accompanying table shows audit status and income of the 149,897 thousand tax returns filed in 2018. The frequencies in the table are reported in thousands. Complete parts a through c below. Click the icon to view the audit status and income table. KILE a. Find the probability that a randomly selected return is in the lowest income category and is not audited. The probability is 0.9451. (Round to four decimal places as needed.) b. Given that a return is in the lowest income category, what is the probability that it was not audited? The probability is (Round to four decimal places as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 1MCQ
icon
Related questions
Question

8.

K
The accompanying table shows audit status and income of the 149,897 thousand tax returns filed in 2018. The frequencies in the table are reported in thousands. Complete parts a through c below.
Click the icon to view the audit status and income table.
a. Find the probability that a randomly selected return is in the lowest income category and is not audited.
The probability is 0.9451.
(Round to four decimal places as needed.)
b. Given that a return is in the lowest income category, what is the probability that it was not audited?
The probability is
(Round to four decimal places as needed.)
Transcribed Image Text:K The accompanying table shows audit status and income of the 149,897 thousand tax returns filed in 2018. The frequencies in the table are reported in thousands. Complete parts a through c below. Click the icon to view the audit status and income table. a. Find the probability that a randomly selected return is in the lowest income category and is not audited. The probability is 0.9451. (Round to four decimal places as needed.) b. Given that a return is in the lowest income category, what is the probability that it was not audited? The probability is (Round to four decimal places as needed.)
the audit status and income table.
hows audit status and income of the 149,897 thousand tax returns filed in 2018. The frequencies in the table
t a randomly selected return is in the lowest income category and is not audited.
aces
in the
places
nore help -
Part 2 of 3
Audit Status and Income
Income
Under $200,000
$200,000-$1,000,000
More than $1,000,000
Total
Print
Audited
Yes
No
Total
839
141,670 142,509
72
6,799
6,871
22
517
495
933 148,964
149,897
Done
O Points: 0 o
- X
Transcribed Image Text:the audit status and income table. hows audit status and income of the 149,897 thousand tax returns filed in 2018. The frequencies in the table t a randomly selected return is in the lowest income category and is not audited. aces in the places nore help - Part 2 of 3 Audit Status and Income Income Under $200,000 $200,000-$1,000,000 More than $1,000,000 Total Print Audited Yes No Total 839 141,670 142,509 72 6,799 6,871 22 517 495 933 148,964 149,897 Done O Points: 0 o - X
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,