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Suppose the probability of an IRS audit is 1 7 percent

Suppose the probability of an IRS audit is 1.7 percent for U.S. taxpayers who le form 1040 and who earned $100,000 or more.

(a) What are the odds that such a taxpayer will be audited?

(b) What are the odds against such a taxpayer being audited?

(a) What are the odds that such a taxpayer will be audited?

(b) What are the odds against such a taxpayer being audited?

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