Odds ratio is measure of probability. It is typically explained together with risk ratio or relative risk. I am opting to address these separately so that we can understand them as distinct assessments of probability. The concept of statistical risk of more intuitive. Odds requires more orientation. The concept of odds is usually thrown inContinue reading “Statistics: How to Calculate Odds Ratio in 4 Simple Steps”
Tag Archives: risk ratio
Statistics: How to Calculate Absolute and Relative Risk
You will often encounter ratio calculations in medical literature. It is a calculation of probability. Ratio calculations include absolute risk, absolute risk reduction, absolute risk increase, number needed to treat and relative risk. Risk calculations are especially useful in cohort studies and randomized controlled trials where selected patients are observed over period of time toContinue reading “Statistics: How to Calculate Absolute and Relative Risk”
Ratio Data: How to Analyze Statistics in Medical Literature
Statistics can seem daunting but they cannot be avoided in medical research. If we don’t understand statistical concepts, like ratio data, we are at the mercy of the author’s conclusions. While there are guidelines and peer review processes that help to maintain the integrity of how studies are conducted or reported, there are gaps. PerhapsContinue reading “Ratio Data: How to Analyze Statistics in Medical Literature”