In this snippet we’re going to introduce the Medical Test Paradox Paradox. First, you may already be familiar with the Medical Test Paradox. It’s a popular recreational math problem that teaches Bayes' theorem and the importance of base rates. It goes like this. Suppose 1 in 10000 people have a certain disease, and there is a medical test that is 99% accurate. This means that if you do have the disease, the test comes back positive with 99% probability, and if you do not have the disease,...
