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You have the following cost and benefit information for interventions A and B: Intervention Yr1 Yr2 A: costs 2000 4000 A: benefits 60 120 B:
You have the following cost and benefit information for interventions A and B:
Intervention Yr1 Yr2
A: costs 2000 4000
A: benefits 60 120
B: costs 1000 1500
B: benefits 90 70
A. Calculate average cost effectiveness ratios for interventions A and B with no discounting.Which, if either, is preferred?
B. Using a discount rate of 5%, calculate the average cost effectiveness ratios for interventions A and B.Which, if either, is preferred?
C. Would your answer to B change is you used a 8% discount rate?Why or why not?
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