Intro to Biostatistics
Baseline hazard refers to the underlying risk of an event occurring at a specific time point, assuming that no other covariates are influencing this risk. In survival analysis, particularly in the Cox proportional hazards model, it serves as a crucial component that helps to understand the instantaneous risk of failure or event occurrence over time, independent of other variables. This concept plays a vital role in estimating how the presence of covariates modifies the hazard compared to this baseline level.
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