Hi

I was wondering if there is a statistical formula that I can use to figure out whether medical screening is effective given that I know the cost of screening each patients?

Thank you

- May 22nd 2011, 08:04 AMmedicalstatsIs there a statistical formula to find out if medical screening is cost-effective?
Hi

I was wondering if there is a statistical formula that I can use to figure out whether medical screening is effective given that I know the cost of screening each patients?

Thank you - May 22nd 2011, 08:12 AMSpringFan25
Do you have a definition of value for money that can be put into a statistical model?

- May 22nd 2011, 08:21 AMmedicalstats
Thank you for that. It's just that I remember reading somewhere if I know the cost of screening for each patient and how many can be treated, etc. I could use a statistical formula to find out whether screening is worth doing or not.