Hazard ratio vs relative risk How to explain the difference between hazard ratio and In survival analysis, the hazard ratio (HR) is the ratio of the hazard rates corresponding to the conditions described by two levels of an explanatory variable For example, in a drug study, the treated population may die at twice the rate per uniEnglishwise, they are correct it is the odds and the odds are based on a ratio calculation It is not , however, the odds ratio that is talked about when results are reported The odds ratio when results are reported refers to the ratio of two odds or, if you prefer, the ratio of two odds ratios That is, let us write Odds ratios approximate risk ratios when the outcome under consideration is rare but can diverge substantially from risk ratios when the outcome is common In this paper, we derive optimal analytic conversions of odds ratios and hazard ratios to risk ratios that are minimax for the bias ratio when outcome probabilities are specified to fall in any fixed interval
Chapter 6 Choosing Effect Measures And Computing Estimates Of Effect Cochrane Training