6. Let P = the probability of a cure for condition A and 1-P the probability of death if treated. If an individual with condition A has a utility weight of 0.7, for what probability of a cure will this person be indifferent between the treatment and living with condition A?

7. Consider the following cost and benefit data

Cost Cost range

100 50 - 200

Benefit Benefit range

200 100 - 400

A. Calculate net benefits (e.g., benefits less costs).

B. Perform a one-way sensitivity analysis on costs

C. Perform one-way sensitivity analysis on benefits

D. What does the sensitivity analysis suggest about the reliability of this cost benefit analysis?