To ascertain the effectiveness of a new, quicker, and simpler test for identifying diabetes, a study was undertaken involving 911 participants. With this test, a positive result indicates the presence of diabetes. A negative result indicates the absence of diabetes. Data collected to assess the effectiveness of this new test revealed: 338 of the participants confirmed they actually had diabetes, with the other participants confirming they actually did not have diabetes. . 13 participants actually had diabetes and produced a negative test result. . 440 participants produced a negative test result. . A participant from the study is chosen at random. What is the probability the participant actually has diabetes or the test is positive? (3 decimal places)

To ascertain the effectiveness of a new, quicker, and simpler test for identifying diabetes, a study was undertaken involving 911 participants. With this test, a positive result indicates the presence of diabetes. A negative result indicates the absence of diabetes. Data collected to assess the effectiveness of this new test revealed: 338 of the participants confirmed they actually had diabetes, with the other participants confirming they actually did not have diabetes. . 13 participants actually had diabetes and produced a negative test result. . 440 participants produced a negative test result. . A participant from the study is chosen at random. What is the probability the participant actually has diabetes or the test is positive? (3 decimal places)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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To ascertain the effectiveness of a new, quicker, and simpler test for identifying
diabetes, a study was undertaken involving 911 participants. With this test, a positive
result indicates the presence of diabetes. A negative result indicates the absence of
diabetes. Data collected to assess the effectiveness of this new test revealed:
338 of the participants confirmed they actually had diabetes, with the other
participants confirming they actually did not have diabetes.
. 13 participants actually had diabetes and produced a negative test result.
.440 participants produced a negative test result.
A participant from the study is chosen at random. What is the probability the
participant actually has diabetes or the test is positive? (3 decimal places)

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