For the fiscal year 2007, a tax authority audited 1.91 % of individual tax returns with income of $100,000 or more. Suppose this percentage stays the same for the current tax year. What is the probability that two randomly selected returns with income of $100,000 or more will be audited?
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Home » Mathematics » For the fiscal year 2007, a tax authority audited 1.91 % of individual tax returns with income of $100,000 or more. Suppose this percentage stays the same for the current tax year.