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Medical records show a sample population of 1000 people, of those 1000 people, 98% do not have a terminal illness and 2% do have a terminal illness. A Health Insurance company would like try out a new cheaper test for terminal illness. Their results show that 98% of the people that do have a terminal illness test positive, while 1% of the people who do not have a terminal illness test positive for one. A corporation known as Ken’s Kids is concerned about patients that are slipping through the cracks with this new medical testing. If the new medical testing is adopted, what % of the people will be misdiagnosed as not having a terminal illness, but really have one? Assuming a population of 200 million people, how many people that have a terminal illness, given this new testing will never know that they do? (Please show all work , and have a legend for symbols).
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