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A miraculous vaccine is invented to treat the common cold. The new vaccine costs $40,000 and one dose lasts for a lifetime. The vaccine increases each person's remaining life expectancy by 1%. In addition, the vaccine increases the QALY weight in an average year from 0.99 to 1. Assume the value of a QALY is $100,000, and ignore discounting and consumption costs.
a) Before the vaccine, a 50 year old person expected to live until they were 75 years old. For this 50 year old, is the vaccine worth the cost?
b) What about for a 20 year old person who expected to live until they were 75?
Assume that n balls are tossed into n bins, where each toss is independent and ball is equally likely to end up in any bin. Determine the expected number of empty bins?
Select the two most appropriate conversion methods for the company to consider and explain under what circumstances it might want to select one method over
How can exception processing of run-time errors benefit application development and usability?
diameter and circumference Set c1's radius to 4 Display c1's radius, area, diameter and circumference Execute c1 = c1 + c2 Display c1's radius, area, diameter and circumference Display c2's radius, area, diameter and circumference.
Apply this threshold to our original/real test set and find its Type I and Type II errors.
Write the code for invoking a method named sendObject . There is one argument for this method which is of type Customer . Assume that there is a reference to an object of type Customer , in a variable called John_Doe . Use this reference as your a..
What is a virus signature? What is program signature? What is signature detection in an IDS or IPS system?
a) What is meant by "fundamentals vs. application mass". b) What is meant by timelessness of a fundamental truth c) What part of a system constantly evolves and d) What are the pre-requisites for a..
The design features for your home office network should include wired and wireless connectivity, the applications and operating systems use on the network, and shared network resources (files, printers). Include as much information as you can in your..
Discusses file management and system use of a Windows 10 computer
Let us assume that you have antivirus software installed on your computer and it is up to date. You can trust it to do a pretty good job of protecting.
What do we mean when we say that the English language is ambiguous? Give two examples of English ambiguity (other than the example used in this chapter) and explain the ambiguity
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