Question

Suppose two drugs are routinely used for treatment of a particular kidney disorder. Drug 1 is known to cure the disease 85% of the time and costs $90. Drug 2 is known to cure the disease 70% of the time and costs $65. The two drugs work independent of each other (that is, administration of one has no effect on the efficacy of the other). The two treatment plans are as follows:

Plan A: Treatment with Drug 1—if not effective, treatment with Drug 2.
Plan B: Treatment with Drug 2—if not effective, treatment with Drug 1.

Which statement is most correct in this situation?

Answer 1

A. Based on the overall probability of a cure, plan 1 should be selected over plan 2.
B. Based on the overall probability of a cure, plan 2 should be selected over plan 1.
C. Based on the overall cost of treatment, plan 1 should be selected over plan 2.
D. Based on the overall cost of treatment, plan 2 should be selected over plan 1.
E. Based on the probability of a cure and the cost of treatment, both plans are equivalent, so either can be selected.

Answer 2

@satellite73

Answer 3

please help

Answer 4

Ok

Answer 5

It is B. How many more question do you have because I have to go.

Answer 6

alot lol

Answer 7

and how did you do that problem so faast..

Answer 8

Ok put them quick and I will solve them go.

Answer 9

how are you so sure about this though?

Answer 10

can you explain...

Answer 11

oh nvm i see