Diagnostic Tests of Medical Conditions Have Several Results A)086
B)0

question 22

Multiple Choice

Diagnostic tests of medical conditions have several results. The rest result can be positive or negative. A positive test (+) indicates the patient has the condition. A negative test (-) indicates the patient does not have the condition. Remember, a positive test does not prove the patient has the condition. Additional medical work may be required. Consider a random sample of 122 patients, some of whom have a medical condition and some of whom do not. Results of a new diagnostic test for the condition are shown. Assume that the sample is representative of the entire population. For a person selected at random, find P(getting test result - or condition present) . Round your answer to the nearest hundredth.
$$\begin{array} { l c c r } & \text { Condition Present } & \text { Condition Absent } & \text { Row Total } \\\text { Test Result } + & 97 & 25 & 122 \\\text { Test Result } - & 25 & 37 & 62 \\\text { Column Total } & 122 & 62 & 184\end{array}$$

• A)0.86
• B)0.40
• C)0.14
• D)0.20
• E)none of these choices

Understand the duration and amount of unemployment benefits in the United States.

Comprehend the historical development of the American welfare state.

Identify the types of welfare benefits and their calculation, including means-tested and contributory benefits.

Grasp the changes and motivations behind welfare policies and reforms since the 1990s.

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Definitions:

Operating Income

The profit realized from a business's core operations, excluding deductions of interest and tax.

Variable Costing

A method of accounting that encompasses just the variable costs associated with manufacturing—such as direct materials, direct labor, and variable manufacturing overhead—as part of the product costs.

Unit Product Cost

An assessment of the total expense incurred to produce a single unit, incorporating direct costs like labor and materials, as well as indirect costs.

Year 1

A term typically used to refer to the first year of operation or the initial year in a specific timeframe.