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

Acknowledge the long-standing recognition of nonverbal communication in sales.

Realize that feedback can be both verbal and nonverbal.

Identify different signals (e.g., caution, disagreement, acceptance) in sales communication.

Understand the roles of sender and receiver in communication.

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Definitions:

Distinct Legal Entity

This term refers to a business structure that is recognized as separate from its owners, having its own rights and liabilities.

Corporation

A legal entity that is separate and distinct from its owners, recognized by law as having rights and liabilities.

General Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.