Oliver knows that a virus is relatively virulent and estimates that 15% of the population has the disease. Due to limitations in technology, Oliver cannot develop a testing kit that wrongly predicts a healthy individual to be positive less than 1.5% of the time. How accurate, in terms of the probability that an infected individual is tested positive, must Oliver get his test kit to, in order to achieve a probability of correctly identifying the disease given that the test is positive of at least 90%?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Oliver knows that a virus is relatively virulent and estimates that 15% of the population has the disease. Due to limitations in technology, Oliver cannot develop a testing kit that wrongly predicts a healthy individual to be positive less than 1.5% of the time.
How accurate, in terms of the
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