Select the correct answer Two different chemotherapy regimens can be used to tre

Question

Select the correct answer Two different chemotherapy regimens can be used to treat breast cancer. Treatment with doxorubicin ts time This treatment costs $1,000 The other treatment, docetaxel, shows a remission rate 25% of the time and costs S850 known to show a remission rate 40% of the The two treatment plans are Plan A Treat with doxorubicin. If not effective, treat with docetaxel Plan8 Treat with docetaxel. If not effective, treat with doxorubicin. Based on the data provided, what is the expected cost per patient under plian OA. $850 B. $1,000 C. $1,510 D. $1 600

Explanation / Answer

The expected cost per patient under plan B is

For plan B a patient first have to pay $850 for treatment with docetaxel , but there is only 25% remission rate,

If treta with docetaxel is not effective, the patient have to pay for doxorubicin treatment, for this he has to pay $1000 for the remaining (1-0.25) 0.75 remission rate.

Therefore the expected cost for Plan B is = $850+0.75*1000 = $850+$750 =$1600

Answer: Option D) $1,600

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