Solve the Problem What Percentage of Those That Tested Negative Actually Have the People

question 6

Multiple Choice

Solve the problem.
-The table below shows the number of people testing positive for a certain disease amongst those who do have the disease and amongst those who don't. Use the table to answer the question. $$\begin{array} { l | r c r } & \begin{array} { c } \text { Test } \\\text { positive }\end{array} & \begin{array} { c } \text { Test } \\\text { negative }\end{array} & \text { Total } \\\hline \text { Disease } & 112 & 12 & 124 \\\text { No disease } & 1001 & 8875 & 9876 \\\text { Total } & 1113 & 8887 & 10,000\end{array}$$ What percentage of those that tested negative actually have the disease?

• A)0.1%
• B)9.7%
• C)11.1%
• D)99.9%

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Definitions:

International Financial Reporting Standards

A set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to make international financial reporting transparent and comparable.

SME

Refers to small and medium-sized enterprises, which are businesses with a limited number of employees and revenue, playing a significant role in the economy.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is globally accepted for financial reporting by publicly traded companies.

Financial Reporting Requirements

Legal or regulatory obligations that entities must follow when presenting their financial information to ensure transparency and accountability.