In a study, physicians were asked what the odds of breast cancer would be in a woman who was initially thought to have a 1% risk of cancer but who ended up with a positive mammogram result (a mammogram accurately classifies about 80% of cancerous tumors and 90% of benign tumors). Ninety-five (95) out of a hundred physicians estimated the probability of cancer to be about 75%. Do you agree?
Events
p = mammogram result is positive
B = tumor is benign,
M = tumor is malignant
"P(M) = 1 \\; \\%=0.01 \\\\\n\nP(B) = 1 -P(M) \\\\\n\n= 1 -0.01 \\\\\n\n= 0.99 \\\\\n\nP(p|M) = 0.8 \\\\\n\nP(\\bar{p}|B)=0.9 \\\\\n\nP(p|B) = 1 -0.9=0.1"
The probability that a patient with a positive mammogram actually has a tumor (Bayes' formula in this case) is
"P(M|p) = \\frac{P(p|M)P(M)}{P(p|M)P(M) + P(p|B)P(B)} \\\\\n\n= \\frac{0.8 \\times 0.01}{(0.8 \\times 0.01) + (0.1 \\times 0.99)} \\\\\n\n= 0.0748 \\\\\n\n= 7.48 \\; \\%"
I do not agree.
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