if 20% of all manually filed returns contain errors, and 0.05% of all electronically filed returns contain…

if 20% of all manually filed returns contain errors, and 0.05% of all electronically filed returns contain errors, how much more likely is a manual filer to make an error than an electronic filer?\na. 40,000 times more likely\nb. 4,000 times more likely\nc. 400 times more likely\nd. 40 times more likely\nplease select the best answer from the choices provided\na\nb\nc\nd

if 20% of all manually filed returns contain errors, and 0.05% of all electronically filed returns contain errors, how much more likely is a manual filer to make an error than an electronic filer?\na. 40,000 times more likely\nb. 4,000 times more likely\nc. 400 times more likely\nd. 40 times more likely\nplease select the best answer from the choices provided\na\nb\nc\nd

Answer

Explanation:

Step1: Identify the error rates

Manual error rate: ( 20% = 0.2 ) Electronic error rate: ( 0.05% = 0.0005 )

Step2: Calculate the ratio

To find how many times more likely a manual filer is to make an error, divide the manual error rate by the electronic error rate:
( \frac{0.2}{0.0005} = \frac{0.2 \times 10000}{0.0005 \times 10000} = \frac{2000}{5} = 400 )

Answer:

c. 400 times more likely