There is a new home test kit for HIV detection. This test kit is known to be 99% accurate (ie. its specificity and sensitivity are both 99%.) Which of the following statements are correct?
(I) Among those with HIV, roughly 1% tests negative.
(II) Among those who test negative, roughly 1% has HIV.
My guess is that only (I) is correct. (Sensitivity is the probability of positive result given that you have HIV. Specificity is probability of negative result given no HIV). Besides, for (I) is there a difference between "roughly 1% tests negative" and "roughly 1% chance of testing negative" ?