A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 one year ago
7. How does the IRS decide on the percentage of income tax returns to audit for each state? Suppose they do it by randomly selecting 50 values from a normal distribution with a mean equal to 1.55% and a standard deviation equal to 0.45%. (Computer programs are available for this type of sampling.)
a. What is the probability that a particular state will have more than 2.5% of its income tax returns audited?
b. What is the probability that a state will have less than 1 % of its income tax returns audited?
anonymous
 one year ago
7. How does the IRS decide on the percentage of income tax returns to audit for each state? Suppose they do it by randomly selecting 50 values from a normal distribution with a mean equal to 1.55% and a standard deviation equal to 0.45%. (Computer programs are available for this type of sampling.) a. What is the probability that a particular state will have more than 2.5% of its income tax returns audited? b. What is the probability that a state will have less than 1 % of its income tax returns audited?

This Question is Closed
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.