$950 is the selling price of the item only.
Answer:
8% probability that he or she actually has the disease
Step-by-step explanation:
We use the Bayes Theorem to solve this question.
Bayes Theorem:
Two events, A and B.

In which P(B|A) is the probability of B happening when A has happened and P(A|B) is the probability of A happening when B has happened.
If a randomly chosen person is given the test and the test comes back positive for conditionitis, what is the probability that he or she actually has the disease?
This means that:
Event A: Test comes back positive.
Event B: Having the disease.
Test coming back positive:
2% have the disease(meaning that P(B) = 0.02), and for those, the test comes positive 98% of the time. This means that 
For the 100-2 = 98% who do not have the disease, the test comes back positive 100-77 = 23% of the time.
Then

Finally:

8% probability that he or she actually has the disease
That is 0,3 pounds per hamburger for all 40 hamburgers he will make.at $2.25/ per pound you buy 12 pounds for $27.
12 pounds divided by 40 is 0.3 pounds. That's the weight in pounds of each meat in each hamburger.
If this can be modelled by exponential decay, therefore
the function must be in the form of:
A = Ao (1 + r)^t
where A is the final value, Ao is the initial = 15000, r
is the rate of decay = -0.0015, t is time = 2010 – 1990 = 20
A = 15,000 (1 – 0.0015)^20
A = $14,556.36