Accelerated failure time function
log(T) = beta_0 + beta_1 * x + sigma * epsilon
Models the logarithm of the time to an event as a linear function of covariates plus a scaled error term whose distribution defines the model, such as Weibull, log-logistic or log-normal. A covariate multiplies time itself, so the survival curve of the treated group is the reference curve stretched or shrunk along the time axis: S(t|x = 1) equals S_0(t / TR), where TR is the time ratio.
Time ratio from an accelerated failure time coefficient
TR = exp(beta_1)
Treated survival time at the same survival proportion
t_T = TR * t_C
Weibull hazard ratio implied by an accelerated failure time fit
HR = exp(-beta_1 / sigma)