or the fiscal year​ 2007, a tax authority audited 1.74​% of individual tax returns with income of​ $100,000 or more. Suppose this percentage stays the same for the current tax year. What is the probability that two randomly selected returns with income of​ $100,000 or more will be​ audited?

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Q: expected value

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Q: Suppose that on the average, 77 students enrolled in a small liberal arts college have their…

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