Suppose 5% of the Population Have a Certain Disease

question 15

Multiple Choice

Suppose 5% of the population have a certain disease.A laboratory blood test gives a positive reading for 95% of people who have the disease.What is the probability of testing positive and having the disease?

• A)0.0475
• B)0.95
• C)0.05
• D)0.9
• E)0.02

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Definitions:

Bonus

Additional compensation given to employees as a reward for their performance or as an incentive.

Bilateral Contract

A legal agreement in which each of the parties to the contract makes a promise to the other or undertakes a certain obligation.

Unilateral Contract

An agreement where one party makes a promise, but the other side does not reciprocate with a promise but with an action.

Internet Communication

The exchange of information or messages between users through the internet, utilizing various platforms and technologies.