The hazard ratio in
survival analysis is the effect of an explanatory variable on the hazard or risk of an event. For a less technical definition than is provided here, consider
hazard ratio to be an estimate of
relative risk and see the explanation on that page.The instantaneous
hazard rate is the limit of the number of events per unit time divided by the number at risk as the time interval decreases. where N(t) is the number at risk at the beginning of an interval.
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