Incidence Rate

Search Dictionary

Definition of 'Incidence Rate'

The incidence rate is a measure of the frequency of a particular event. It is calculated by dividing the number of events that occur in a given time period by the total number of people in the population at risk.

The incidence rate is used to compare the frequency of events between different populations or over time. It can also be used to identify risk factors for a particular event.

For example, the incidence rate of cancer can be used to compare the risk of cancer between different countries or over time. It can also be used to identify factors that increase the risk of cancer, such as smoking or exposure to radiation.

The incidence rate is a useful tool for understanding the frequency of a particular event. It can be used to compare different populations or over time, and it can also be used to identify risk factors.

Here are some additional details about the incidence rate:

* The incidence rate is often expressed as a percentage.
* The incidence rate can be used to calculate the risk of an event. The risk of an event is the probability that the event will occur.
* The incidence rate can be used to predict the number of events that will occur in a given time period.
* The incidence rate can be used to evaluate the effectiveness of interventions designed to reduce the incidence of a particular event.

The incidence rate is a valuable tool for understanding the frequency of a particular event. It can be used to compare different populations or over time, and it can also be used to identify risk factors and predict the number of events that will occur in a given time period.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.