Can someone help me with this??
Two different chemotherapy regimens can be used for the treatment of breast cancer. The treatment with doxorubicin is known to show a remission rate 40% of the time. This treatment costs $1,000. The other treatment, with docetaxel, shows a remission rate 25% of the time and costs $850. The two treatment plans are as follows:

Plan A: Treatment with doxorubicin—if not effective, treatment with docetaxel.
Plan B: Treatment with docetaxel—if not effective, treatment with doxorubicin.

If you are the patient, which statement is the best choice?

Question

Can someone help me with this??
Two different chemotherapy regimens can be used for the treatment of breast cancer. The treatment with doxorubicin is known to show a remission rate 40% of the time. This treatment costs $1,000. The other treatment, with docetaxel, shows a remission rate 25% of the time and costs $850. The two treatment plans are as follows:

Plan A: Treatment with doxorubicin—if not effective, treatment with docetaxel.
Plan B: Treatment with docetaxel—if not effective, treatment with doxorubicin.

If you are the patient, which statement is the best choice?

17jeisaac · Answer

Based on the probability of overall remission rate, plan A should be selected over plan B.
Based on the probability of overall remission rate, plan B should be selected over plan A.
Based on the cost of the first treatment alone, plan A should be selected over plan B.
Based on the overall cost of treatment, plan B should be selected over plan A.
Based on the probability of survival rate and the cost of treatment, both plans are equivalent, so either can be selected.

anonymous · Answer

I would say that the answer is the third one. Based on cost and probability of remission. With Plan A, the cost per 1% remission is 25$. With plan B, the cost of 1% is 34$.

17jeisaac · Answer

@YesThisIsDog Thank you(: