QUESTION 4 Let's say that the government hired you to perform a CEA for a new treatment for a deadly disease. The previous, existing, treatment is now the conservative treatment and the newer treatment is aggressive, but it is also more expensive. Calculate the average cost of avoiding death (ICER) for this disease given the following information about these 2 treatments: Treatment strategy Conservative treatment Aggressive treatment Cost of treatment $500 $2500 Prob. of death 40% 45%