1.If you test positive for a disease, would you be more concerned if the test is known to have a high sensitivity or a high specificity? Explain your reasoning.

2.Use your own words to explain the meaning of the terms positive predictive value and negative predictive value and give some good examples.

3.In calculating the probability of losing a game, you told a friend that your textbook referred to a loss as "favorable event." Your friend challenged you and said that a loss is not favorable. What would you say in response?

4.What does it mean for events to be independent? Give examples of events that are independent as well as some that are not.