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Mathematics, 28.09.2021 01:10 xxkeyxx51
The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interested in the expected number of audits a person with that income has in a 6-year period. Assume each year is independent. Part (a) In words, define the Random Variable X. the number of audits the IRS does each year the number of audits the IRS does every 6 years for a person who has an income over $25,000 the number of audits a person who has an income over $25,000 receives in a 6-year period the yearly income of a person Part (b) List the values that X may take on. X = 1, 2, 3, ... X = 1, 2, 3, ..., 98, 99, 100 X = 0, 1, 2, ..., 5, 6 X = 1, 2, 3, ..., 5, 6 Part (c) Give the distribution of X. X ~ ,
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The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are...
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