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 $12-$year period. Assume each year is independent. Give the distribution of X$.$

  

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Since the chance of an IRS audit for a tax return with over 25000 in income is about 2 per year and ... View the full answer