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EduPristine>Blog>FRM QotD #1: Question of the Day

FRM QotD #1: Question of the Day

January 28, 2011

Out of a group of 100 patients being treated for chronic back trouble, 25% are chosen at random to receive a new, experimental treatment as opposed to the more usual muscle relaxant-based therapy which the remaining patients receive. Preliminary studies suggest that the probability of a cure with the standard treatment is 0.3, while the probability of a cure from the new treatment is 0.6. Sometime later, one of the patients returns to thank the staff for her complete recovery.

”What is the probability that she was given the new treatment?”

    
    
  1. 0.375
  2. 0.425
  3. 0.4
  4. 0.525

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EduPristine is a member of Adtalem Global Education (NYSE: ATGE), a global education provider headquartered in the United States. Adtalem is a 3 billion dollars (20,000 crores) company that has about 9 institutions and companies with more than 16,000 employees spread across 145 locations. Adtalem takes pride in training 142,000 degree-seeking students all over the world.The organization's purpose is to empower students to achieve their goals, find success and make inspiring contributions to our global community. EduPristine is one of India's leading training providers in Analytics, Accounting, Finance, Healthcare, and Marketing. Founded in 2008, EduPristine has a strong online platform and network of classrooms across India and caters to self-paced learning and online learning, in addition to classroom learning

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