# Medical Technology And Evaluation Week 4 Quiz Answer

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## Medical Technology And Evaluation Week 4 Quiz Answer

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### 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 Bayesโ 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

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