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Mathematics, 05.10.2019 23:20 CarlsonB

For the fiscal year 2007, a tax authority audited 1.55% of individual tax returns with income of $100,000 or more. suppose this percentage stays the same for the current tax year. what is the probability that two randomly selected returns with income of $100,000 or more will be audited?

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For the fiscal year 2007, a tax authority audited 1.55% of individual tax returns with income of $10...
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