Suppose that a clinical test for a rare disease produces 97% true positives and 95% of true negatives. It is also known that only 0.5% of the general population has the disease. What is the probability that a randomly selected individual with a positive test has the disease?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Suppose that a clinical test for a rare disease produces 97% true positives and 95% of true negatives. It is also known that only 0.5% of the general population has the disease.

What is the probability that a randomly selected individual with a positive test has the disease? Give your answer correct to four decimal places.

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