Question

There is a 95% chance that the positive result is accurate if there is a 5% possibility of a false positive.

Determine the likelihood.

Answer 1

The calculated likelihood of the result is 95%

How to determine the likelihood of the result

From the question, we have the following parameters that can be used in our computation:

True positive = 95%

False positive = 5%

The likelihood of the result is calculated using

Likelihood = (True positive)/(True positive + False positive)

Substitute the known values into the equation

Likelihood = (95%)/(95% + 5%)

Evaluate

Likelihood = 95%

Hence, the likelihood is 95%