Dictionary

The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.

1 term matching “Rate-to-Probability Conversion”

R

Rate-to-Probability ConversionRate-Probability Transformation, Rate-Based Probability Estimation
The mathematical transformation converting a continuous-time hazard rate into the probability of an event occurring within a discrete time interval.