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The IRS ( U.S. Internal Revenue Service) has developed models that can identify

ID: 3297709 • Letter: T

Question

The IRS ( U.S. Internal Revenue Service) has developed models that can identify with considerable accuracy income tax returns that are fraudulent. Which of the following terms accurately represent what the IRS is doing? (Select all that may apply.) The unit of analysis in the IRS model is the individual tax return. Features of submitted tax returns can be considered targets. The response variable is most likely binary: the return is fraudulent or not fraudulent. The IRS has developed an unsupervised model. The IRS has developed an supervised model.

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