Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A patient goes to a doctor to be tested for a disease. The disease is relatively rare, only affecting 1 in every 1,000 people.

A patient goes to a doctor to be tested for a disease. The disease is relatively rare, only affecting 1 in every 1,000 people. The test is good but not perfect. If a person has the disease, there's a 98% that the test will catch it. If a person does not have the disease, there is a 10% chance that the test will incorrectly determine that they have the disease. Suppose that a patient's test comes back positive (i.e. the test says they have the disease). What is the probability that they actually have the disease? 0.02 O 0.0001 0,0646 O 0.0097

Step by Step Solution

3.44 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

Here is the explained answer Step 1Probability definition Probability is the branch o... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

More Books

Students also viewed these Accounting questions