# Question: An Internal Revenue Service inspector is to select 3 corporations

An Internal Revenue Service inspector is to select 3 corporations from a list of 15 for tax audit purposes. Of the 15 corporations, 6 earned profits and 9 incurred losses during the year for which the tax returns are to be audited. If the IRS inspector decides to select 3 corporations randomly, find the probability that the number of corporations in these 3 that incurred losses during the year for which the tax returns are to be audited is

a. Exactly 2

b. None

c. At most 1

a. Exactly 2

b. None

c. At most 1

**View Solution:**## Answer to relevant Questions

Six jurors are to be selected from a pool of 20 potential candidates to hear a civil case involving a lawsuit between two families. Unknown to the judge or any of the attorneys, 4 of the 20 prospective jurors are potentially ...Using the Poisson formula, find the following probabilities. a. P(x < 1) for λ = 5 b. P(x = 2) for λ = 2.5 Verify these probabilities using Table III of Appendix C. On average, 12.5 rooms stay vacant per day at a large hotel in a city. Find the probability that on a given day exactly 3 rooms will be vacant. Use the Poisson formula. An insurance salesperson sells an average of 1.4 policies per day. a. Using the Poisson formula, find the probability that this salesperson will sell no insurance policy on a certain day. b. Let x denote the number of ...Spoke Weaving Corporation has eight weaving machines of the same kind and of the same age. The probability is .04 that any weaving machine will break down at any time. Find the probability that at any given time a. All eight ...Post your question