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Simulating Study Data to Support Expected Value of Sample Information Calculations

The Society for Medical Decision Making is hosting this webinar on May 18, 2022, 11:00am Eastern Time (US). 

Registration link: https://us02web.zoom.us/webinar/register/WN_Il3n2AICTpuuyc7z52LYdA

Description: The expected value of sample information (EVSI) can prioritize future research and design studies that support medical decision making and offer value for money. EVSI is calculated based on three key elements, one of which, simulating data from the proposed studies, has received little attention in the literature. This presentation complements a recent tutorial, published in Medical Decision Making, that aims to bridge this gap. We will discuss a general-purpose algorithm for simulating data and demonstrate it in a range of scenarios, using Excel and R.

After participating in this webinar, participants should be able to:
. Present the definition of EVSI and why simulated study data are required.
. Understand how to simulate study data.
. Adjust study simulations for trial conduct issues, such as missingness.
. Simulate study data using widely available software.

 

 

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