Assignment:
Apparently, depression significantly increases the risk of developing dementia later in life (BBC News, July 6 , 2010). In a recent study it was reported that 22% of those who had depression went on to develop dementia, compared to only 17% of those who did not have depression. Suppose 10% of all people suffer from depression.
a. What is the probability of a person developing dementia?
b. If a person has developed dementia, what is the probability that the person suffered from depression earlier in life?
Provide complete and step by step solution for the question and show calculations and use formulas.