Compare two reading programs using effectiveness-to-cost ratios

Statistics Nov 11, 2020

Compare two reading programs using effectiveness-to-cost ratios. Program A costs $6,000 and results in a one-month reading gain. Program B costs $13,000 and leads to an average gain of a half-month reading achievement. Suppose Program A serves 100 children and Program B serves 300. Which of the two programs is more cost-effective?