in output 7.2: (a) how is the risk ratio calculated? What does it tell you? (b) how is the odds ratio calculated and what does that tell you? (c) how could information about the odds ratio be useful to people wanting to know the practical importance of research results? (d) what are some of the limitations of the odds ratio as an effect size measure?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter6: Category Strategy Development
Section: Chapter Questions
Problem 7DQ
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in output 7.2:

(a) how is the risk ratio calculated? What does it tell you?

(b) how is the odds ratio calculated and what does that tell you?

(c) how could information about the odds ratio be useful to people wanting to know the practical importance of research results?

(d) what are some of the limitations of the odds ratio as an effect size measure?  

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