You Are Told That a Screening Test Has High Specificity

question 23

Multiple Choice

You are told that a screening test has high specificity. This means that the test:

• A) Provides precise and consistent readings
• B) Accurately identifies those with the condition or trait
• C) Accurately identifies those without the trait
• D) Has a high level of false positives

---

Definitions:

Interest Rate Price Risk

The potential for an investment’s value to change due to a fluctuation in the absolute level of interest rates, illustrating the inverse relationship between price and interest rates.

Zero Coupon Bond

A bond that does not pay periodic interest payments but instead is issued at a discount to its redemption value.

Foreign Bond

A bond issued in a domestic market by a foreign entity, in the domestic market’s currency, to raise capital from investors in that country.

Canadian Dollars

The Canadian dollar is the currency of Canada, often represented by the symbol C$ or CAD, and it is used throughout the country for financial transactions.