In: Statistics and Probability
Absolute Risk |
Relative risk |
A measure of the risk of a certain event happening |
It is the measure of the certain event happening in one group when compared with the same event happening in different group. |
When the medicine was being used by patient from 1 year the chances increased from 1 in 100 to 2 in 100. |
The patient who was using this medicine has seen a significant improvement in health by 56%. |
The absolute risk is the risk of something happening is the odds of that happening over a given period of time. |
Relative risk is where you compare odds of two groups with each other |
Absolute risk will tell about the actual odds happening, it does provide information about the risk. |
While in relative risk it is opposite it will not provide any information about the actual risk. |
Absolute risk is always calculated in percentage |
Relative risk on the other hand isn’t calculated in percentage |
ARC = the AR of events in the control
group
ART = the AR of events in the treatment group
ARR (absolute risk reduction) = ARC – ART
RR (relative risk) = ART / ARC
RRR (relative risk reduction) = (ARC – ART) /
ARC
RRR = 1 – RR
NNT (number needed to treat) = 1 / ARR