Standardized rate
Appearance
Standardized rates are a statistical measure of any rates in a population.
Examples
The most common are birth, death and unemployment rates.
Formula
The formula for standardized rates is as follows:
- ∑(crude rate for age group × standard population for age group) / ∑standard population
See also
References
- Medical Biostatistics, Third Edition (MedicalBiostatistics.synthasite.com) by A. Indrayan (indrayan.weebly.com)
Chapman & Hall/ CRC Press, 2012