Answer: 8.75
Step-by-step explanation:
12.50 x 30% or .03
= 3.75
3.75 - 12.50
= 8.75
.
Step-by-step explanation:The cost of an adult ticket to the show is $5.5
The cost of a student ticket to the show is $4.25
A family is purchasing 2 adult tickets and 3 student tickets. This means that the total cost of 2 adult tickets would be
2 × 5.5 = $11
It also means that the total cost of 3 student tickets would be
3 × 4.25 = $12.75
The total cost of 2 adult tickets and 3 student tickets would be
11 + 12.75 = $23.75
If the family pays $25, the exact amount of change they should receive is
25 - 23.75 = $1.25
That's what it will look like
Answer:
(A) The odds that the taxpayer will be audited is approximately 0.015.
(B) The odds against these taxpayer being audited is approximately 65.67.
Step-by-step explanation:
The complete question is:
Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.
A. What are the odds that the taxpayer will be audited?
B. What are the odds against such tax payer being audited?
Solution:
The proportion of U.S. taxpayers who were audited is:
P (A) = 0.015
Then the proportion of U.S. taxpayers who were not audited will be:
P (A') = 1 - P (A)
= 1 - 0.015
= 0.985
(A)
Compute the odds that the taxpayer will be audited as follows:
Thus, the odds that the taxpayer will be audited is approximately 0.015.
(B)
Compute the odds against these taxpayer being audited as follows:
Thus, the odds against these taxpayer being audited is approximately 65.67.