Which Best Describes Sensitivity

question 19

Multiple Choice

Which best describes sensitivity?

• A) Sensitivity is the ability of a measurement to identify individuals who have negative results or who do not have the characteristic.
• B) A false-positive result means that the test result was positive but the characteristic was present.
• C) A false-positive result means that the test result was negative but the characteristic was absent.
• D) Sensitivity is the ability of a measurement to identify the characteristic that is being measured.

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Definitions:

Interest Rate

The cost of borrowing money or the return on investment expressed as a percentage, typically on an annual basis.

Implicit Costs

Non-monetary opportunity costs, such as time or foregone alternatives, not directly accounted for in financial transactions.

Explicit Costs

Direct, out-of-pocket payments for expenses such as wages, rent, and materials, which are easily quantifiable.

Accountants

Professionals who manage financial records, conduct audits, and ensure tax compliance, playing a pivotal role in financial planning and analysis.