The baseline hazard is a function that represents the risk of an event occurring at a specific time, assuming that no other covariates are affecting the risk. It acts as a reference point in survival analysis, particularly in the context of the Cox proportional hazards model, where the effect of predictors is assessed relative to this baseline hazard. Understanding the baseline hazard is crucial for interpreting the model's outputs, as it helps in quantifying how covariates influence the hazard rate over time.
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