Suppose That 74% of Tax Returns Are Free of Errors

question 13

Multiple Choice

Suppose that 74% of tax returns are free of errors.How many returns should an IRS auditor expect to check before finding one with errors?

• A)3.85
• B)74
• C)26
• D)0.74
• E)1.35

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Definitions:

Presidency

The office and function of the President, the head of state and government in a republic, especially referring to the executive branch in the United States.

Accomplishments

Achievements or completed goals that are often recognized and celebrated for their level of success or contribution to a particular field or activity.

Watergate Scandal

A major political scandal in the United States in the early 1970s surrounding the Nixon administration's attempts to cover up its involvement in the 1972 break-in at the Democratic National Committee headquarters.

Constitutional Government

A system of governance in which the authority of the government is derived from and limited by a written or unwritten constitution.