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A questionnaire is designed to predict employee theft at a large department store chain. The questionnaire has a 99% accuracy rate identifying a likely future
A questionnaire is designed to predict employee theft at a large department store chain. The questionnaire has a 99% accuracy rate identifying a likely future 'thief', and a 99.9% accuracy rate identifying someone who will not steal. Out of 30, 000 employees, there are actually 75 individuals who will engage in employee theft. If one of the 30, 000 employees is tested and identified as a likely thief, what is the probability they are actually a likely thief?
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