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Statistics For Business And Economics
Found in: Page 208
Statistics For Business And Economics

Statistics For Business And Economics

Book edition 13th
Author(s) James T. McClave, P. George Benson, Terry Sincich
Pages 888 pages
ISBN 9780134506593

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Short Answer

Patient medical instruction sheets. Physicians and pharmacists sometimes fail to inform patients adequately about the proper application of prescription drugs and about the precautions to take in order to avoid potential side effects. One method of increasing patients’ awareness of the problem is for physicians to provide patient medication instruction (PMI) sheets. The American Medical Association, however, has found that only 20% of the doctors who prescribe drugs frequently distribute PMI sheets to their patients. Assume that 20% of all patients receive the PMI sheet with their prescriptions and that 12% receive the PMI sheet and are hospitalized because of a drug-related problem. What is the probability that a person will be hospitalized for a drug-related problem given that the person received the PMI sheet?

The probability that a person will be hospitalized for a drug-related problem given that the person received the PMI is 0.6.

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Step by Step Solution

TABLE OF CONTENTS :
TABLE OF CONTENTS

Important formula

The formula for probability is P=favourable outcomestotal outcomes

Find the probability that a person will be hospitalized for a drug-related problem given that the person received the PMI.

Here P ( T∩D )=0.12 and P(T)=0.2

PD|T=P(T∩D)P(T)=0.120.2=0.6

Therefore, the probability that a person will be hospitalized for a drug-related problem given that the person received the PMI is 0.6.

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