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Re: Statistics
Here is another interesting statistic problem:
A blood test is 95 percent effective in detecting a certain
disease when it is, in fact, present. However, the test also yields a
"false positive" result for 1 percent of the healthy persons tested.
(That is if a healthy persion is tested, then , with probability .01,
the test result will imply he or she has the desease.) If .5 percent
of the population actually has the disease, what is the probability a person
has the desease given that the test result is positive ?
You will be very suprise to see the result.
Tung