Question: Probability Exercise 2 Consider a routine screening test for a disease. Suppose the frequency of the disease in the population (base rate) is 0.5%. The

Probability

Exercise 2 Consider a routine screening test for a disease. Suppose the frequency of the disease in the population (base rate) is 0.5%. The test is accurate with a 3% false positive rate (i.e. P(positive | not sick) = 3%) and a 8% false negative rate (i.e. P(negative | sick) =8%). You take the test and it comes back positive. What is the probability that you have the disease

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