For the fiscal year 2007 a tax authority audited 1 61 of

Last updated: 6/29/2023

For the fiscal year 2007 a tax authority audited 1 61 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 The probability is Round to six decimal places as needed