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Based on the attached case please answer on the following questions: 1/What are the strengths and weaknesses of the analysis prepared by the CFO? 2/Use

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Based on the attached case please answer on the following questions: 1/What are the strengths and weaknesses of the analysis prepared by the CFO? 2/Use conditional probabilities to understand the differences between specificity and sensitivity Use the information on sensitivity, specificity and disease prevalence in the population to develop a framework for incorporating the costs of misdiagnoses into the CFO's analysis. Hint: This will require that you use conditional probabilities. Perhaps the easiest way to evaluate the question is through the use of two comparable matrices. I've attached an example that you can fill out for each machine. Use the MS Excel to build a three by three matrix. Horizontally, label the cells "actually ill" "actually well" and "total" Vertically, label the cells "tested ill" "tested well" and "Total. Use this matrix once for each machine, and compare the number or errors of each type each machine makes. 3/Quantify the costs of the expected number of cardiac catheterizations that will result. After taking these costs into consideration, is the Thallium still preferred? 4/How should the costs of the false negatives be handled? 5/What additional considerations are relevant? image text in transcribed

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