Sentence examples for approximation of risk from inspiring English sources

The phrase "approximation of risk" is correct and usable in written English.
It can be used in contexts related to finance, insurance, or any field where risk assessment is relevant.
Example: "The approximation of risk in this investment strategy suggests a potential for high returns, but also significant losses."
Alternatives: "risk estimation" or "risk assessment".

Exact(2)

In our skewed data the odds ratio of this variable cannot not be taken as an approximation of risk (see later).

Of course, this crude approximation of risk ignores many biological details, especially density dependent effects (described above), the fact that local adaptation and fitness are a function of many traits, and that analyses of multivariate traits may provide more realistic predictions.

Similar(57)

Using the approximations of risk in our study it seems that, at a population level, the importance of smoking decreased while that of rhinitis increased.

Thus, this study can provide only first approximations of risks and tell only a little about causality.

Moreover, the hazard difference is only a valid approximation of the risk difference if event rates are low, for instance less than 5% [ 16, 18].

Odds and risk ratios were combined as indicators of RR, based on the assumption that the odds ratio is an approximation of the risk ratio; this assumption has some limitations, however, especially when the outcome of interest is common (5).

That is in part because known cases can be compared with selected controls (as opposed to waiting for cases to emerge, which is required by other observational study designs) and in part because of the rare disease assumption, in which OR mathematically becomes an increasingly better approximation of relative risk as disease incidence declines.

In this analysis, we will make use of the standard concepts of certainty equivalent and Arrow-Pratt approximation of the risk premium.

Inclusion of the studies enabled approximation of cardiovascular risk across a wide range of observed cardiovascular rates by regression.

Odds ratios (OR) were used as an approximation of relative risk, and were given with 95% confidence intervals.

Moreover, under rare disease assumption, the OR may be an acceptable approximation of the risk ratio [ 38- 40].

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