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Results tagged with relative-risk
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The relative risk (also called 'risk ratio') is the quotient of the probabilities of an event under two conditions (ie, p1/p2). The RR has a possible range of [0, +infinity). It is a common measure of effect size in biomedical research.
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Why Do We Need Relative Risk?
I am an MBA student that is taking courses in statistics. In our classes, we are learning about Odd's Ratios and Relative Risk.
Our Prof outlined the following examples:
Example 1: Suppose we take a …
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