Cost-Utility Analyses Refer to Methods of Relating Program Costs to

question 8

Multiple Choice

Cost-utility analyses refer to methods of relating program costs to

• A) objective judgments of the value of certain outcomes.
• B) the costs of negative side effects.
• C) losses due to inadequate program implementation.
• D) subjective judgments of the value of certain outcomes.

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Definitions:

Probability

The measure of the likelihood that a given event will occur, often expressed as a number between 0 and 1.

Uniform Density

Describes a distribution where all outcomes are equally likely, or objects are evenly distributed across a specific area or volume.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Poisson Approximation

A statistical technique used to approximate the probability of a given number of events happening in a fixed interval of time.