Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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

image text in transcribed

Technique Acupuncture Subliminal Message Aversion Therapy Out-Patlent Clinic In-Patient Clinic Nicotine Replacement Therapy NRT) Cost,$/Enrollee 700 150 700 2500 1800 1300 %Quitting Treatment Capacity per Year 250 500 200 400 550 100 12 58 39 29 Conduct programs at the capacity level for the technique with the lowest cost-effectiveness ratio The technique with the lowest cost-effectiveness ratio is (Click to select) The lowest cost-effectiveness ratio is The annual program cost is Technique Acupuncture Subliminal Message Aversion Therapy Out-Patlent Clinic In-Patient Clinic Nicotine Replacement Therapy NRT) Cost,$/Enrollee 700 150 700 2500 1800 1300 %Quitting Treatment Capacity per Year 250 500 200 400 550 100 12 58 39 29 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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Intelligence For HR Professionals

Authors: Karen Berman, Joe Knight, John Case

1st Edition

1422119130, 978-1422119136

More Books

Students also viewed these Finance questions