« previous next »

Author Question: Assume that each year the IRS randomly audits 10 of the tax returns. If a married couple has filed ... (Read 102 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
Assume that each year the IRS randomly audits 10 of the tax returns. If a married couple has filed separate returns,
 a. What is the probability that both the husband and the wife will be audited?
  b. What is the probability that only one of them will be audited?
  c. What is the probability that neither one of them will be audited?
  d. What is the probability that at least one of them will be audited?

Question 2

The Markowitz mean-variance portfolio model is a classic application of non-linear programming.
 a. True
  b. False
  Indicate whether the statement is true or false


aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 0.01
b. 0.18
c. 0.81
d. 0.19

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth
A Kiowa couple. The woman to the right is wearing an elk tooth dress. A Kiowa couple. The woman to the right is wearing an elk tooth dress.
During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ... During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ...
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library