A tax specialist has estimated the probability that a tax return selected at random will be audited is .02. Furthermore, he estimates the probability that an audited return will result in additional assessments being levied on the taxpayer is .50.

What is the probability that a tax return selected at random will result in additional assessments being levied on the taxpayer? Give the answer to three decimal places, if necessary.

The probability is __________.

Question

A tax specialist has estimated the probability that a tax return selected at random will be audited is .02. Furthermore, he estimates the probability that an audited return will result in additional assessments being levied on the taxpayer is .50.
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What is the probability that a tax return selected at random will result in additional assessments being levied on the taxpayer? Give the answer to three decimal places, if necessary.
​
The probability is __________.

Quizplus · Accepted Answer

The Answer of A tax specialist has estimated the probability that a tax return selected at random will be audited is .02. Furthermore, he estimates the probability that an audited return will result in additional assessments being levied on the taxpayer is .50.
​
What is the probability that a tax return selected at random will result in additional assessments being levied on the taxpayer? Give the answer to three decimal places, if necessary.
​
The probability is __________.

A Tax Specialist Has Estimated the Probability That a Tax