Assignent Solutionnurs

1. Hormone replacement therapy is commonly used in women to alleviate some of the symptoms of menopause. Many retrospective (i.e., non-randomized) studies found that hormone replacement therapy was correlated with improved outcomes including cancer incidence and survival. However, randomized data suggested that the relationship actually was in the opposite direction (e.g., hormone replacement therapy led to more adverse outcomes). Hypothesize why this may be the case.
2. Do you expect price sensitivity to be higher or lower for preventative care (e.g. Pap tests) or inpatient care?
3. The RAND Health Insurance Experiment found the following (see below). Explain these results and if they support your above hypothesis.