SUMMARY
The probability that an IRS auditor randomly selects 3 tax returns from a total of 45, with 15 containing errors, and selects none containing errors is calculated as (2/3) * (29/44) * (28/43), resulting in a final probability of approximately 0.2924 when rounded to four decimal places. The probability that a randomly selected tax return contains errors is 15/45 or 1/3, while the probability that it does not contain errors is 30/45 or 2/3. This analysis assumes the independence of errors across different returns.
PREREQUISITES
- Understanding of basic probability concepts
- Familiarity with combinatorial selection
- Knowledge of independent events in probability
- Ability to perform basic arithmetic operations with fractions
NEXT STEPS
- Study the concept of conditional probability in detail
- Learn about combinatorial mathematics and its applications
- Explore the use of probability distributions in statistical analysis
- Investigate real-world applications of probability in auditing and quality control
USEFUL FOR
Statisticians, auditors, data analysts, and anyone interested in understanding probability calculations related to error detection in datasets.