Question
Suppose that the reliability of a COVID test is
specified as follows: Of people having COVID, 90% of the test detect the disease but 10% go undetected. Of people free of COVID, 99% of the test are judged COVID–ive but 1% are diagnosed as showing COVID+ive. From a large population of which only 0.1% have COVID, one person is selected at random, given the COVID test, and the pathologist reports him/her as COVID+ive. What is the probability that the person actually has COVID?Solution
Let E denote the event that the person selected is actually having COVID and A the event that the person's COVID test is diagnosed as +ive. We need to find P(E|A). Also, E’ denotes the event that the person selected is actually not having COVID. Clearly, {E, E'} is a partition of the sample space of all people in the population. We are given that P(E) = 0.1% = 0.1/100 = 0.001 P(E') = 1 – P(E) = 0.999 P(A|E) = P(Person tested as COVID+ive given that he/she is actually having COVID) = 90% = 90/100 = 0.9 and P(A|E') = P(Person tested as COVID +ive given that he/she is actually not having COVID) = 1% = 1/100 = 0.01 Now, by Bayes' theorem P(E|A) = [P(E) × P(A|E)]/[P(E) × P(A|E) + P(E') × P(A|E')] = [0.001 × 0.9]/[0.001 × 0.9 + 0.999 × 0.01] = 90/1089 = 0.083 approx.
Which of the following is applicable on Dynamic QR code of on B2C invoices under GST applicable from July 2021?
Protection of paying banker against forged endorsement in Bearer Cheques is available under which section of NI Act?
Which of the following statement is correct:
1.A company's earnings being negatively affected by a strike by its workers or a major lawsuit again...
How to compute Estimated Profit under a Contract A/C?
Under the IFSCA (BATF) Regulations 2024, what is the minimum required experience for the Compliance Officer of a BATF Service Provider?
Payment under a contract is made in consideration to which among the following?
As of FY24, which Indian bank reported the lowest net Non-Performing Assets (NPAs)?
What is the enhanced scope for mandatory onboarding in TReDS for buyers as per the Budget 2024-25?
There is one budget which is prepared as a consolidated summary of all the functional budgets. Identify it among the following:
Calculate the current Ratio from the above data: