A Screening Test for a Newly Discovered Disease Is Being

question 35

Multiple Choice

A screening test for a newly discovered disease is being evaluated. In order to determine the effectiveness of the new test, it was administered to 900 workers. 150 of the individuals diagnosed with the disease tested positive. A negative test finding occurred in 60 people who had the disease. A total of 50 persons without the disease tested positive for it. Assume the prior probability is not known.
-What is the overall accuracy of the test?

• A) 71.1%
• B) 78.8%
• C) 75.0%
• D) 87.8%

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Definitions:

Partnership Liquidates

When a partnership liquidates, it involves the process of dissolving the business, settling debts, distributing remaining assets among partners, and ceasing operations.

Jointly Owned

Owned by two or more parties who share control and rights over the property or asset.

Income Ratio

A financial metric used to measure the proportion of a company's income relative to another financial figure, such as revenue or assets.

Net Income

The net earnings of a company following the deduction of all costs, such as taxes and operational expenses, from its total income.