Relation To Relative Risk
In clinical studies, as well as in some other settings, the parameter of greatest interest is often the relative risk rather than the odds ratio. The relative risk is best estimated using a population sample, but if the rare disease assumption holds, the odds ratio is a good approximation to the relative risk — the odds is p / (1 − p), so when p moves towards zero, 1 − p moves towards 1, meaning that the odds approaches the risk, and the odds ratio approaches the relative risk. When the rare disease assumption does not hold, the odds ratio can overestimate the relative risk.
If the absolute risk in the control group is available, conversion between the two is calculated by:
where:
- RR = relative risk
- OR = odds ratio
- RC = absolute risk in the unexposed group, given as a fraction (for example: fill in 10% risk as 0.1)
Read more about this topic: Odds Ratio
Famous quotes containing the words relation to, relation, relative and/or risk:
“Hesitation increases in relation to risk in equal proportion to age.”
—Ernest Hemingway (1899–1961)
“Only in a house where one has learnt to be lonely does one have this solicitude for things. One’s relation to them, the daily seeing or touching, begins to become love, and to lay one open to pain.”
—Elizabeth Bowen (1899–1973)
“Personal change, growth, development, identity formation—these tasks that once were thought to belong to childhood and adolescence alone now are recognized as part of adult life as well. Gone is the belief that adulthood is, or ought to be, a time of internal peace and comfort, that growing pains belong only to the young; gone the belief that these are marker events—a job, a mate, a child—through which we will pass into a life of relative ease.”
—Lillian Breslow Rubin (20th century)
“The appetite for power, even for universal power, is only insane when there is no possibility of indulging it; a man who sees the possibility opening before him and does not try to grasp it, even at the risk of destroying himself and his country, is either a saint or a mediocrity.”
—Simone Weil (1909–1943)