« previous next »

Author Question: Assume that each year the IRS randomly audits 10 of the tax returns. If a married couple has filed ... (Read 105 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?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

20,000 year old Arctic ground squirrel mummy 20,000 year old Arctic ground squirrel mummy
Why Different Constellations Are Visible at Different Times of the Year Why Different Constellations Are Visible at Different Times of the Year
Hospitalization per year Hospitalization per year
The year 2010 was the hottest since 1880 The year 2010 was the hottest since 1880
Research that has examined babies' ability to recognize themselves develops in the 2 year Research that has examined babies' ability to recognize themselves develops in the 2 year
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library