Suppose that in Example 12.1 the manufacturer of the new medication feels that the odds are 4 to 1 that with this medication the recovery rate from the disease is 0.90 rather than 0.60. With these odds, what are the probabilities that he will make a wrong decision if he uses the decision function
(a)

(b)

(c)

Transcribed Image Text:

dixfor 14 ai for S 14 d for 15 a forx s 15 d3(x)#lai for x