QUESTION 1 For questions 1 - 6: Given treatments: A: cost $4,000, 60% survival B
ID: 2715603 • Letter: Q
Question
QUESTION 1
For questions 1 - 6:
Given treatments:
A: cost $4,000, 60% survival
B: cost: $7,000, 63% survival
C: cost $11,000, 61% survival
D: cost $10,000, 74% survival
No intervention: 11% survival
1. Which treatment is obviously dominated?
A
B
C
D
No treatment is obviously dominated
3 points
QUESTION 2
What is the ACER for Treatment D?
$6,666.67
$11,111.11
$13,513.51
$13,461.54
$15,873.02
3 points
QUESTION 3
How do we interpret an ACER number for a particular treatment?
It signifies cost effectiveness if we move from one treatment to another
It theoretically signifies how much the treatment would cost if probability of survival is 100%
It helps us determine the best treatment option
It signifies a computer brand
3 points
QUESTION 4
What is the ICER from treatment A to B?
$100,000
$42,857.14
$8,163.27
$6,666.67
3 points
QUESTION 5
Which treatment is marginally dominated?
A
B
C
D
None of the treatments is marginally dominated
3 points
QUESTION 6
Which treatments comprise the Cost Effectiveness Frontier?
A, B, C, and D
A, C, and D
A, B, and D
A and D
3 points
QUESTION 7
What impact does insurance (or having more beneficial insurance) have on to the Cost effectiveness Frontier?
nothing
shifts the CEF to the left
shifts the CEF to the right
it makes treatment choices that used to be obviously dominated now viable
none of the above
3 points
QUESTION 8
What can we add to the CEF to turn this cost effectiveness tool into a Cost Benefit tool?
insurance
premium
indifference curves
depreciation rate
3 points
QUESTION 9
Currently, Dywane's probability of survival is 0.7 and his q value is 0.6. Assuming a discount factor of 0.91, what is his QALY? (rounded-off)
0.38
2.21
- 0.81
1.28
3 points
QUESTION 10
IN YEAR 2, If the discount rate = 5% what is the discount factor?
0.991
0.912
0.907
0.883
0.874
a.A
b.B
c.C
d.D
e.No treatment is obviously dominated
Explanation / Answer
Answer:1 a. A
Answer:2 c. $13,513.51 (10000/0.74)
Answer:3 d. It signifies a computer brand
Answer:4 a. 100000 (3000/0.03)
Answer:5 None of the treatments is marginally dominated
Answer:6 A
Answer:8d Depreciation rate
Answer:9 a. 0.38
=(0.7*0.6*0.91)
Answer:10 c 0.907
=(1/(1.05)2)
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.