Question

probability and risk taking
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Answer 1

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In risk analysis, risk is traditionally defined as a function of probability and impact. The probability is the likelihood of an event occurring and the consequences, to which extent the project is affected by an event, are the impacts of risk.

Answer 2

Answer:

In risk analysis, risk is traditionally defined as a function of probability and impact. The probability is the likelihood of an event occurring and the consequences, to which extent the project is affected by an event, are the impacts of risk.

Step-by-step explanation:

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