Reference no: EM133018815
Please answer the following questions, there will be an attachment to help with some of the questions. (Question 4,7)
1. Find the number of people who suffer from migraine headaches in the USA.
2. Find the annual frequency of migraine attacks among those who have migraines. Using this number, calculate the amount of Excedrin use for each patient.
3. Find the total annual cost of Excedrin.
-Hint: Total Cost = (per unit cost) x (annual consumption by each person who has migraine) x (number of individuals who get migraine headaches).
4. In Table 14, in the pooled sample, interpret the effectiveness of Excedrin on phonophobia at hours 3, 4, and 6.
5. Find the hourly wage per person in the United States.
Based on the statistics found in the U.S Bureau of Labor Statistics, the average hourly wage per person in the United States is $29.47.
This is answered already.
6. Assume that, for each migraine attack, a person loses half a workday, i.e., 4 hours.
7. Use the effectiveness of Excedrin on phonophobia in the pooled sample (Table 14) at hour 6. Assume that the absence of Phonophobia equals the absence of many migrain symptoms for the sake of simplicity! Now, calculate how many migraine attacks could be prevented if every person with migraine is prescribed Excedrin.
8. Using your answer to the previous question, how many hours of work loss could be prevented if all the migraine patients have access to Excedrin?
-Keep in mind that effectiveness matters.
9. What is the dollar value of prevented work loss?
10. Compare the dollar value of prevented work loss to the total cost of Excedrin. Does providing every migraine patient Excedrin pass the cost-benefit test?