Question: Please prepare a Decision Tree Compare the two treatments for cancer. Drug A is an agent that has been on the market for beyond 5
Please prepare a Decision Tree
Compare the two treatments for cancer. Drug A is an agent that has been on the market for beyond 5 years, and Drug B is a new product newly approved for prescribing. The cost per course treatment for Drug A is $230, and for Drug B is $295. The cure rate for Drug A is 83% and for Drug B 95%. Drug A has a significant ADR rate of 25% and Drug B has 35% ADR rate. The cost to treat ADR is $290and the cost of treatment failure is $255.
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