A certaln disease has an Incidence rate of 0.4%. If the false negative rate Is 5% and the false positive rate is 3%, compute the probability that a person who tests positive actually has the disease. Give your answer accurate to at least 3 decimal places

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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A certaln disease has an Incidence rate of 0.4%. If the false negative rate Is 5% and the false positive
rate is 3%, compute the probability that a person who tests positive actually has the disease.
Give your answer accurate to at least 3 decimal places
Transcribed Image Text:A certaln disease has an Incidence rate of 0.4%. If the false negative rate Is 5% and the false positive rate is 3%, compute the probability that a person who tests positive actually has the disease. Give your answer accurate to at least 3 decimal places
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