Fixed-effect meta-regression assumes that the true effect size θ is normally distributed with where
is the within study variance of the effect size. A fixed effect
meta-regression model thus allows for within study variability, but no
between study variability because all studies have the identical
expected fixed effect size θ, i.e. .
***Note that for the "fixed-effect" no plural is used (in contrast to
"random-effects") as only ONE true effect across all datasets is
assumed.***
Here is the variance of the effect size in study j.
Fixed effect meta-regression ignores between study variation. As a
result, parameter estimates are biased if between study variation can
not be ignored. Furthermore, generalizations to the population are not
possible.
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