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Suppose you are analyzing a test for a blood disease where • 94% of people with...

Suppose you are analyzing a test for a blood disease where

• 94% of people with the disease test positive.

• Only 0.5% of the population has this disease.

• The false-positive rate is 0.1%.

(a) What is the test’s precision, that is the probability that a person with a positive test has the disease?

(b) What is the accuracy of the test, that is the probability that either a person tests positive AND has the disease OR a person tests negative AND does not have the disease?

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