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The relationship between treatment effect and the hazard ratio is given as . A statistically important, but practically insignificant effect can produce a large hazard ratio, e.g. a treatment increasing the number of one-year survivors in a population from one in 10,000 to one in 1,000 has a hazard ratio of 10.
"A daily loss or gain of 30 minutes can be termed a microlife, because 1 000 000 half hours (57 years) roughly corresponds to a lifetime of adult exposure." [ 1 ] The microlife exploits the fact that for small hazard ratios the change in life expectancy is roughly linear. [ 3 ]
A concept closely-related but different [2] to instantaneous failure rate () is the hazard rate (or hazard function), (). In the many-system case, this is defined as the proportional failure rate of the systems still functioning at time t {\displaystyle t} (as opposed to f ( t ) {\displaystyle f(t)} , which is the expressed as a proportion of ...
The hazard ratio is the quantity (), which is = in the above example. From the last calculation above, an interpretation of this is as the ratio of hazards between two "subjects" that have their variables differ by one unit: if P i = P j + 1 {\displaystyle P_{i}=P_{j}+1} , then exp ( β 1 ( P i − P j ) = exp ( β 1 ( 1 ...
In the aml table shown above, two subjects had events at five weeks, two had events at eight weeks, one had an event at nine weeks, and so on. ... The hazard ratio HR ...
This maximum likelihood maximization depends on the specification of the baseline hazard functions. These specifications include fully parametric models, piece-wise-constant proportional hazard models, or partial likelihood approaches that estimate the baseline hazard as a nuisance function. [4]
Their utility can be illustrated by the following example of a hypothetical drug which reduces the risk of colon cancer from 1 case in 5000 to 1 case in 10,000 over one year. The relative risk reduction is 0.5 (50%), while the absolute risk reduction is 0.0001 (0.01%).
If the hazard ratio is , there are total subjects, is the probability a subject in either group will eventually have an event (so that is the expected number of events at the time of the analysis), and the proportion of subjects randomized to each group is 50%, then the logrank statistic is approximately normal with mean () and variance 1. [4]