A Certain Disease Is Believed to Affect 4% of the Population.Results

question 86

Essay

A certain disease is believed to affect 4% of the population.Results of a new blood test for the disease indicate that 95% of persons who have the disease will have a positive reaction to the test,whereas 5% of those who do not have the disease will also have a positive reaction.What is the probability that a randomly selected person who has a positive reaction will actually have the disease?

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Definitions:

Large-scale Success

Achievements or outcomes that have significant positive impact or reach on a broad scale.

Wealthy Investors

Individuals or entities with a significant amount of capital or assets available to invest, often seeking to grow their wealth through strategic investment opportunities.

Corporate Form

A business structure recognized by law as a separate legal entity from its owners, allowing it to own property, enter contracts, and incur liabilities.

Social Responsibility

The obligation of individuals or organizations to act in a way that benefits society at large, beyond their own interests or profit.