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“They were devastating with over 50% pull backs in the S&P 500 with people losing over 50% in ... During the market sell-off ... For instance, the food index from the CPI has increased by 25% in ...
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So after receiving a positive test result, the posterior odds of actually having the disease becomes 1:1, which means that the posterior probability of having the disease is 50%. If a second test is performed in serial testing, and that also turns out to be positive, then the posterior odds of actually having the disease becomes 10:1, which ...
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