In: Math
Bob reported that the patients suffering from the “Mad Man Disease” who used his “magic dust” elixir properly resulted in an odds-ratio = .6 relative to controls who did not use his elixir, whose probability of suffering from the “Mad Man Disease” was only p = .3.
(a) Describe the meaning of the odds-ratio for elixir users in words.
(b) What was the probability of suffering from the “Mad Man Disease” for the elixir group?
Answer:
a)
Odds-ratio for elixir :
Here we can say that the Odds-ratio for elixir is defined as the ratio of the chance of elixir users suffering from mad man disease to that of the chance of non-users suffering from the mad man disease.
i.e.,
Odds-ratio for elixir = Probability of elixir users suffering from mad man disease / Probability of non-users suffering from the mad man disease.
b)
Now to determine the probability of suffering from the “Mad Man Disease” for the elixir group
i.e.,
Given,
Odds-ratio elixir = 0.5
Non-users likelyhood = 0.3
Let us assume X be the Probability of elixir users suffering from mad man disease
Now consider,
Odds-ratio for elixir = Probability of elixir users suffering from mad man disease / Probability of non-users suffering from the mad man disease.
substitute given values in above formula
0.6 = X / 0.3
X = 0.3*0.6
X = 0.18
Hence the probability of elixir users suffering from mad man disease is 0.18