Alpha level
is the type 1 error rate for the genetic association study.
Parental genetic effect
is the proportion of variance in the trait explained by parental genetic effects at the locus.
Offspring genetic effect
is the proportion of variance in the trait explained by offspring genetic effects at the locus.
If you have an effect size estimate and allele frequency for the genetic variant of interest, you can calculate the proportion of variance in the trait explained as (2*P*(1-P)*b^2)/VAR(trait), where P=allele frequency, b=effect size estimate.
Residual covariance between sibling pairs is approximately equal to the sib-pair correlation for loci of small effect.Parental genetic effects could refer to maternal or paternal effects.
If you use this utility in your research please cite: Hwang D et al. (in preparation) Detecting maternal and paternal genetic effects on offspring phenotypes using imputed parental genotypes