Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. Suppose that 100 people with tax
returns over $25,000 are randomly picked. We are interested in the number of people audited in one year. Use a Poisson
distribution to answer the following questions.