Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required information There are a number of techniques to help people stop smoking, but their cost and effectiveness vary widely. One accepted measure of effectiveness
Required information There are a number of techniques to help people stop smoking, but their cost and effectiveness vary widely. One accepted measure of effectiveness of a program is "percentage of enrollees quitting". The table below shows several techniques touted as effective stop-smoking methods, some historical data on the approximate cost of each program per person, and the percentage of people smoke-free 3 months after the program ended. The Cancer Society provides annual cost-offset funding to cancer patients so more people can afford these programs. A large clinic in St. Louis has the capacity to treat each year the number of people shown. If the clinic plans to submit a proposal to the Cancer Society to treat a specified number of people annually, estimate the amount of money the clinic should ask for in its proposal to do the following %Quitting Technique Acupuncture Subliminal Message Cost,$/Enrollee 700 Treatment Capacity per Year 250 13 150 4 500 Aversion Therapy 1700 39 200 Out-Patient Clinic 2500 34 400 In-Patient Clinic 1800 47 550 Nicotine Replacement Therapy(NRT) 1300 26 100 Conduct programs at the capacity level for the technique with the lowest cost-effectiveness ratio. The technique with the lowest cost-effectiveness ratio is (Click to select) The lowest cost-effectiveness ratio is The annual program cost is $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started