Suppose the probability of an IRS audit is 1.4 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.   (a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.)    Odds that a taxpayer will be audited       b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.)    Odds against a taxpayer being audited

If the odds for a certain event are 5 to 19, what is the probability of the event occuring? Write your answer as a simplified fraction. ?

WHat is the differences between "odds" and "probability". Explain in 1-2 sentences

Suppose that we know 10 % of people do not like pizza. If you pick two people at random, what is the probability that the first one does not like pizza but the second one does like pizza? Give your answer as a decimal rounded to three decimal ploces. The probability is

Suppose the probability of an IRS audit is 1.2 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. (a) What are the odds that such a taxpayer will be audited? (Round your answers to the nearest whole number.)  Odds that a taxpayer will be audited             to  (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.) Odds against a yaxpayer being audited          to

In this problem, the gambler’s idea of odds does not enter at all.   a. The odds of an event are 1/5. What is the probability of the event occurring?   b. The probability of an event is 2/3. What are the odds of the event occurring?

In gambling, the chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the number of successful outcomes to the number of unsuccessful outcomes. The odds of losing is the ratio of the number of unsuccessful outcomes to the number of successful outcomes. For example, if the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2:3 (read "2 to 3") or 2 2 (Note: If the odds of winning are the probability of success is 3' 5.) 2 3 The odds of an event occurring are 3:1. Find (a) the probability that the event will occur and (b) the probability that the event will not occur.

Suppose that 35% of people own dogs. If you pick two people at random, what is the probability that they both own a dog?Give your answer as a decimal (to at least 3 places) or fraction

Suppose the probability of an IRS audit is 4.0 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.    ( (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.)

If the probability that the Islanders will beat the Rangers in a game is 81%, what is the probability that the Islanders will win at least three out of five games in a series against the Rangers? Round your answer to the nearest thousandth.