Balance Diagnostics
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Summary of topics discussed
Definition
The Standardized Mean Difference (SMD) is a statistical measure used to quantify the size of the difference between two groups (binary exposure, but generalization is possible). It’s often used in meta-analyses and systematic reviews to summarize the results across various studies, especially when different scales are used to measure an outcome.
Application
SMD is useful in comparing the difference between groups when the variable is measured in different units across studies. An SMD of 0 indicates no difference (suggesting balance) between the groups, while its absolute value provides the size of the imbalance (e.g., |SMD| = 0.2: small imbalance, 0.5: medium imbalance, 0.8: large imbalance). While RCTs are designed to inherently balance covariates between groups through randomization, observational studies often require additional statistical methods (e.g., matching or weighting) to achieve and assess balance, with SMD being a valuable metric in this context.
References (Optional)
- Franklin, Jessica M., Jeremy A. Rassen, Diana Ackermann, Dorothee B. Bartels, and Sebastian Schneeweiss. 2014. Metrics for Covariate Balance in Cohort Studies of Causal Effects.