How much is saved by setting up a screening system?

Preventive care is not always cost-effective. Suppose that it costs $200 per person to administer a Show more Preventive care is not always cost-effective. Suppose that it costs $200 per person to administer a screening exam for a particular disease. Also suppose that if the screening exam finds the disease the early detection given by the exam will avert $2000 of costly future treatment. Instructions: Enter your answers as whole numbers. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Imagine giving the screening test to 100 people. How much will it cost to give those 100 tests? $___________ Imagine a case in which 12 percent of those receiving the screening exam test positive. How much in future costly treatments will be averted? $__________ How much is saved by setting up a screening system? $_________ b. Imagine that everything is the same as in part a except that now only 6 percent of those receiving the screening exam test positive. In this case how much in future costly treatments will be averted? $_____ How much is lost by setting up a screening system? $_______ Show less

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