SOLUTION: Assume that each year the IRS randomly audits 5% (0.05) of the tax returns. If a married couple has filed separate returns, what is the probability that:
A. both the husband and
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-> SOLUTION: Assume that each year the IRS randomly audits 5% (0.05) of the tax returns. If a married couple has filed separate returns, what is the probability that:
A. both the husband and
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Question 1084138: Assume that each year the IRS randomly audits 5% (0.05) of the tax returns. If a married couple has filed separate returns, what is the probability that:
A. both the husband and the wife will be audited?
B. either the husband or the wife will be audited? Answer by rothauserc(4718) (Show Source):
You can put this solution on YOUR website! A. 0.05 * 0.05 = 0.0025
Probability (P) that both husband and wife get audited = 0.0025
:
B. 0.05 + 0.05 = 0.10
P that either the husband or the wife get audited = 0.10
:
