What is the posterior probability

Assignment Help Basic Statistics
Reference no: EM132950594

Your company want to give out 10 Million Free COVID tests. Given that 60/10,0000 people are generally affected (you can expect this rate to hold for your tests as well). Since no test is perfect, both 97% of positive results and 94% of negative results are accurate ((ie. 3% of tests are false positives)

What is the posterior probability that a patient has Coid-19 given that they test positive for COVID?

My logic:
.6%(10m Million) = 60000
97% of 60,000 is 58200
Am lost after here/pretty sure that I did something wrong

Reference no: EM132950594

Questions Cloud

Find sampling distribution of averages : Six female college students have heights (in inches) as follows: 62 64 65 66 65 68.if these 6 students are considered to be a population from which sampling is
How much is the unrealized gain recognized : On February 2, 20x3, all of the Alaska Co. preference shares were sold for P160,000 net of transaction costs. How much is the unrealized gain recognized
Find out the goodwill among customers : A national manufacturer of ball bearings is experimenting with two different processes for producing precision ball bearings. It is important that the diameters
What amount should the building be recorded : The company paid $450,000 for the equipment, building and surrounding land and parking lot. What amount should the building be recorded
What is the posterior probability : Your company want to give out 10 Million Free COVID tests. Given that 60/10,0000 people are generally affected (you can expect this rate to hold for your tests
What is the parameter of interest in case : A common test for extrasensory perception (ESP) asks subjects to identify which of four shapes (star, circle, wave, or square) appears on a card unseen by the s
Find out the binomial random variable : Consider a binomial random variable X with N = 10 and P = 0.6 Find the following probabilities: (Please show the work and write it out NEATLY, as well as the fu
Identify any potential outliers : 1) The average 20- to 29- year-old man is 69.6 inches tall, with a standard deviation of 2.7 inches, while the average 20- to 29- year-old women is 64.1 inches
What is the purpose of posttests : b. Explain why you do not need posttests if the analysis is comparing only two treatments.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd