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Given the following data for a decision tree analysis about two treatments, which treatment has the higher expected benefits? In this scenario the mortality rate
Given the following data for a decision tree analysis about two treatments, which treatment has the higher expected benefits? In this scenario the mortality rate is death within the first year of treatment. Assume that this counts as 0 years of life but that all of the initial treatment costs and costs for that year have already occurred.
a. Treatment A
b. Treatment B
c. It is a tie between Treatment A and B
d. Not enough information to determine
Treatment A 15% 21 years $100,000 Treatment B 20% 26 years $50,000 Mortality rate Life expectancy for survivors Initial treatment cost and costs of 1st year Annual follow up costs, all subsequent years $2,000 $5,000 Treatment A 15% 21 years $100,000 Treatment B 20% 26 years $50,000 Mortality rate Life expectancy for survivors Initial treatment cost and costs of 1st year Annual follow up costs, all subsequent years $2,000 $5,000Step by Step Solution
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