SOLUTION: Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal income tax returns in a particular year. (Round your answers to three
Algebra.Com
Question 1049675: Here is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal income tax returns in a particular year. (Round your answers to three decimal places.)
Income < 15 15-29 30-99 100-199 ≥ 200
Probability 0.266 0.213 0.382 0.104 0.035
a) Given that a return shows an income of at least $30,000, what is the conditional probability that the income is at least $100,000?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
P( | ) =
, to three significant figures.
RELATED QUESTIONS
Here is the distribution of the adjusted gross income (in thousands of dollars) reported... (answered by Boreal)
In 2021, a single person could expect to pay $4500 in income taxes on an adjusted gross... (answered by ikleyn,MathTherapy,greenestamps)
In Fantasy Island an individual pays 10% tax on gross annual income not exceeding... (answered by Theo)
An employee pays an income tax of P12,210.00 on his gross income of P146,520.00. What is... (answered by ewatrrr)
An employee pays an income tax of P12,210.00 on his gross income of P146,520.00. What is... (answered by rfer)
A single taxpayer uses a tax rate schedule to calculate the amount of tax pay on a... (answered by sofiyac)
In Alabama the state income tax paid is directly proportional to the gross monthly... (answered by stanbon)
A single person pays $6,600 in income taxes on a gross income of $33,000. How much would (answered by rfer)
(2) Owen and Sarah's pre-tax income is $100,000. Suppose that state income tax is 10% of... (answered by Theo)