# Medical Technology And Evaluation Week 4 Quiz Answer

## Medical Technology And Evaluation

Week 1 Quiz Answer

Week 4)

Methodological Approaches and Considerations

**Question 1)**

**If an assessment is being conducted to support the case for payment/reimbursement who is the audience?**

- Physicians
- Insurers or Payers
- Venture capitalists
- The Food and Drug Administration (FDA)

**Question 2)**

**What is the denominator of the incremental cost effectiveness ratio (ICER)?**

- Indirect costs.
- Future costs.
- Difference in benefits.
- Benefits of the new technology.

**Question 3)**

**True or False: Only cost effective technologies ICERs can be graphed on the cost effectiveness plane.**

- True
- False

**Question 4)**

**What is Bayes’ rule used for?**

- Measuring quality of life (QoL).
- Randomization in a clinical trial.
- Graph an ICER.
- Incorporating new information to determine a probability of interest.

**Question 5)**

**Future values of which of the following can be discounted to present value?**

- Indirect costs.
- Direct medical costs.
- Quality adjusted life years (QALYs).
- All of the above.

**Question 6)**

**The expected value of a health outcome is calculated by multiplying the outcome measure by what?**

- Direct costs.
- The discount rate.
- Quality of Life (QoL).
- The probability of the outcome.

**Question 7)**

**The results of a Monte Carlo simulation can be used to determine the what information about the results of an evaluation?**

- The mean result.
- The variance of the result.
- Mean and variance of the results.
- None of the above.

**Question 8)**

**True or False: A Markov model allows for modeling the progression of disease over time.**

- True
- False

**Question 9)**

**Which of the following is not a source of uncertainty?**

- Future costs.
- Randomness in medical cost.
- Randomness in health outcomes.
- Statistical variation in results.

**Question 10)**

**In a sensitivity analysis how many variables can be tested?**

- One or more
- Only two
- Only one
- None