This tool assists in determining the absolute difference in event rates between two groups, typically an exposed group and a control group. For instance, if 10% of patients receiving a new medication experience a specific side effect compared to 5% of patients receiving a placebo, the absolute difference, calculated by the tool, is 5%. This metric provides a straightforward measure of the impact of an intervention or exposure.
Quantifying the contrast in event probabilities offers valuable insights for decision-making in various fields, including healthcare, public health, and research. It aids in evaluating the effectiveness of interventions and assessing the potential harm or benefit associated with specific exposures. Historically, this type of comparative analysis has been essential in epidemiological studies and clinical trials, providing a clear and interpretable measure of effect size.