In epidemiology, the relative risk reduction (RRR) or efficacy is the relative decrease in the risk of an adverse event in the exposed group compared to an unexposed group. It is computed as , where is the incidence in the exposed group, and is the incidence in the unexposed group. If the risk of an adverse event is increased by the exposure rather than decreased, the term relative risk increase (RRI) is used, and it is computed as . If the direction of risk change is not assumed, the term relative effect is used, and it is computed in the same way as relative risk increase. (Wikipedia).
QRM L1-1: The Definition of Risk
Welcome to Quantitative Risk Management (QRM). In this first class, we define what risk if for us. We will discuss the basic characteristics of risk, underlining some important facts, like its subjectivity, and the impossibility of separating payoffs and probabilities. Understanding the d
From playlist Quantitative Risk Management
QRM L1-2: The dimensions of risk and friends
Welcome to Quantitative Risk Management (QRM). In this second video, we analyse the dimensions of risk. Risk is in fact an object that we need to consider from different points of view, and that sometimes we cannot even quantify. We will also discuss the importance of statistical thinking
From playlist Quantitative Risk Management
Percent Uncertainty In Measurement
This video tutorial provides a basic introduction into percent uncertainty. It also discusses topics such as estimated uncertainty, absolute uncertainty, and relative uncertainty. This video provides an example explaining how to calculate the percent uncertainty in the volume of the sphe
From playlist New Physics Video Playlist
Marginal value at risk (marginal VaR)
This is a review which follows Jorion's (Chapter 7) calculation of marginal value at risk (marginal VaR). Marginal VaR requires that we calculate the beta of a position with respect to the portfolio. For more financial risk videos, visit our website! http://www.bionicturtle.com
From playlist Value at Risk (VaR): Introduction
Welcome to Quantitative Risk Management (QRM). In this lesson we introduce the axiomatic approach to risk measures. We give the definition of risk measure and we discuss what its uses for us are in terms of reserve capital quantification. We then define coherent and convex measures. The p
From playlist Quantitative Risk Management
How good are you at calculating risk? - Gerd Gigerenzer
How can we use statistics to evaluate risk? Dig into the difference between relative risk and absolute risk and how each is used in the news. -- A new drug reduces the risk of heart attacks by 40%. Shark attacks are up by a factor of two. Drinking a liter of soda per day doubles your cha
From playlist New TED-Ed Originals
What is Value at Risk? VaR and Risk Management
In todays video we learn about Value at Risk (VaR) and how is it calculated? Buy The Book Here: https://amzn.to/37HIdEB Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle What Is Value at Risk (VaR)? Value at risk (VaR) is a calculation that aims to quantify the level of
From playlist Risk Management
Number Needed to Treat: Treatments Don't Work Like You Think They Work
One of the problems with the way we discuss health interventions is that we see them in black and white. Something is either good for you or bad for you. Things are rarely that simple, though. Moreover, there's "good for you" and "GOOD FOR YOU". How do you tell the difference? Watch and le
From playlist Healthcare Triage
VassarStats - Clinical Block 2 Example
Lecturer: Dr. Erin M. Buchanan Missouri State University Spring 2017 This video covers how to calculate rates, relative risk, odds, odds ratios, relative risk reduction, and numbers needed to treat. Lecture materials and assignments available at statisticsofdoom.com. https://statistics
From playlist Advanced Statistics Videos
Heart Disease Prevention Works, Even If You Have Bum Genes
Heart disease continues to be the number one killer in the United States. Because of that, billions of dollars are spent every year on medications that reduce your risk of disease and death. Compounding this problem, many of the risk factors for heart disease seem "baked into the cake". Ge
From playlist Healthcare Triage
Yale AIDS Colloquium Series (YACS) Wafaie Fawzi, Dr.P.H.
Wafaie Fawzi, Dr.P.H., Professor of Nutrition and Epidemiology, Harvard School of Public Health Presented by the Center for Interdisciplinary Research on AIDS at Yale University, the Yale AIDS Colloquium Series (YACS) is an interdisciplinary academic forum for discussion of HIV/AIDS-rel
From playlist Center for Interdisciplinary Research on AIDS
Risk Management Lesson 5A: Exercise
This short video shows the solution of one of the exercises you find in Lesson 5A.
From playlist Risk Management
Fourteenth SIAM Activity Group on FME Virtual Talk
Speakers: Damir Filipovic, EPFL and Swiss Finance Institute Title: A Machine Learning Approach to Portfolio Pricing and Risk Management for High-Dimensional Problems Moderator: Rene Carmona, Princeton University
From playlist SIAM Activity Group on FME Virtual Talk Series
More Bad Nutrition Studies: Red Meat and Cancer
The old chestnut that eating red meat leads to cancer is back! A study last week claimed that eating red meat increased cancer risks by up to 28 percent! This sounds scary, but this study has a lot of problems. Related HCT episodes: Coffee, Acyrlamide, and Cancer: https://youtu.be/ygUsQY
From playlist Nutrition
CERIAS Security: Shifting focus: Aligning security with risk management 4/7
Clip 4/7 Speaker: Jack Jones · Founder · Risk Management Insight With few exceptions, executive management doesnt care about security. They care about risk. In this session, Jack will discuss the differences and share his experiences in taking the information security program at a Fortun
From playlist The CERIAS Security Seminars 2008
Yale AIDS Colloquium Series (YACS) - Christopher W. Kahler
"Understanding and Intervening on Alcohol-Related Comorbidities in HIV Treatment" Christopher W. Kahler, Ph.D. is Professor and Chair of the Department of Behavioral and Social Sciences in the Public Health Program at the Warren Alpert Medical School of Brown University. Alcohol use affe
From playlist Center for Interdisciplinary Research on AIDS
http://trustedci.org/ Making Control Recommendations as part of a cyber risk assessment and developing the final report.
From playlist Center for Applied Cybersecurity Research (CACR)