DU Statistics Discrete Probability Distributions Excel Question
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Discrete Probability Distributions
Let’s say the IRS is considering auditing 250 tax returns within a given region, 15 of which have errors (unknown to the IRS, of course). If an IRS agent randomly chooses 25 of these 250 tax returns on which to perform an audit, what is the probability that exactly 3 of these returns will have errors? First, tell which distribution is needed and why. Then either post your steps or a screenshot of how we can find the probability in Excel.
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