Researchers Develop a New Test to Detect the Presence of a Recently

question 29

Multiple Choice

Researchers develop a new test to detect the presence of a recently identified biomarker for hepatocellular carcinoma (HCC) .  The initial evaluation of the test shows the following: Which of the following is the likelihood that a patient with a negative test does not have HCC?

• A)0.10
• B)0.20
• C)0.60
• D)0.80
• E)0.96

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Definitions:

Principal

The primary amount of a loan or investment, excluding interest or profits.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified price.

Maturity

The point in time when a financial instrument or obligation, such as a bond or loan, becomes due and payment is required.

Premium

The amount paid for an insurance policy, or the extra cost above the nominal value of something such as a bond or stock.