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    Polytechnic State University Sanluis
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    Polytechnic State University
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Category > Statistics Posted 02 Aug 2017 My Price 3.00

income tax returns

Income tax returns. In a recent year, the Internal Revenue Service received 142,978,806 individual tax returns. Of these, 17,993,498 reported an adjusted gross income of at least $100,000, and 392,220 reported at least $1 million.25 If you know that a randomly chosen return shows an income of $100,000 or more, what is the conditional probability that the income is at least $1 million?

 

Answers

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Status NEW Posted 02 Aug 2017 09:08 AM My Price 3.00

usi-----------ng -----------fun-----------cti-----------on -----------not-----------ati-----------on,----------- pr-----------oba-----------bil-----------iti-----------es -----------are----------- P(----------->-----------; $-----------100----------- K)----------- = -----------179-----------934-----------98/----------- 14-----------297-----------880-----------6 =----------- 0.-----------125-----------847----------- P(----------->-----------;$1----------- mi-----------lli-----------on)----------- = -----------392-----------220-----------/ 1-----------429-----------788-----------06 -----------= 0-----------.00-----------274-----------3 P-----------(&g-----------t;$-----------1 m-----------ill-----------ion-----------

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