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What are the odds against such a taxpayer being audited

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Reference no: EM132483791

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

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

Odds that a taxpayer will be audited  1 to ____

(b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.)

Odds against a taxpayer being audited ___ to 1

The 1 is right on part a and b, but how do I get the second part to both answers?

Reference no: EM132483791

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