Tax Returns Selected for Most Audits Are Selected by the Discriminant

question 54

True/False

Tax returns selected for most audits are selected by the Discriminant Function System.

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Definitions:

P(A|B)

The likelihood of event A happening provided that event B has taken place.

P(B|A)

The probability of event B occurring given that event A has already occurred.

P(A and B)

The probability of both event A and event B occurring in a combined manner.

P(A or B)

The probability of event A happening, event B happening, or both events happening.