a medical test has some probability of being positive if the patient has the disease (hasPos) and another probability of testing positive if the person does not have the disease (notHasPos). a random member of the entire population has a real problem of having the disease (actual incidence). Based on the attached information what does the result of the function? diseaseTest = function (hasPos = .8, notHasPos = .1, actuallncidence = .01){#P(A) probability of having disease (actuallncidence){#P(B) probability of testing positivenumerator = hasPos* actuallncidence # P(BIA)*P(A)denominator = actuallncidence * hasPos+ (1-actuallncidence) * notHasPosnumerator/denominator}What does the result of the function tell us?O P(A|B).O P(BIA).O P(A).O P(B).

The function provided is a representation of Bayes' theorem, a fundamental concept in probability…

Answered: diseaseTest = function (hasPos = .8,…

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter15: Decision Analysis

Section: Chapter Questions

Problem 16P: Suppose that you are given a decision situation with three possible states of nature: s1, s2, and...

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a medical test has some probability of being positive if the patient has the disease (hasPos) and another probability of testing positive if the person does not have the disease (notHasPos). a random member of the entire population has a real problem of having the disease (actual incidence). Based on the attached information what does the result of the function?