Absolute versus Relative Risk Revisited
This explanation of absolute v relative risk focuses on the medical context and covers the notion of treatment (including vaccine) EFFECTIVENESS which is normally defined using relative rather than absolute risk measures. But it also covers the notion of individual (personal) risk.
There are some small errors listed below:
- At 7:30 it says 1.12-0.2=1%. It should say 1.2-0.2=1%.
- At 11:20 it says absolute risk increase is 1 in million. It should say 1 in 10 Million
- Apologies for interchanging ‘cholorectal’ with ‘colon’ in first example.