Question
Construct a 2-by2 contingency table to determine the total number of people who fail the screening test and will be referred for diagnostic testing in
Construct a 2-by2 contingency table to determine the total number of people who fail the screening test and will be referred for diagnostic testing in the hearing centers.
Construct a 2-by-2 contingency table to determine the total number of people who fail the diagnostic test, which represents the target market for hearing aid sales.
Sales and margin data Vendor equipment specifications
Equipment
Sensitivity
Specificity
Portable audiology equipment for free screening
90%
96%
Clinic-based audiology equipment for follow-up diagnostic testing
99%
99%
Hearing Aids
Unit Price
2015 Sales
Margin
Low-end
$1,000
$400,000
25%
Mid-range
$2,500
$1,250,000
45%
High-end
$4,000
$400,000
60%
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