English, asked by PahulManchanda, 11 months ago

Uncertainity
is Mother
of risk explain statemwnt

Answers

Answered by darihunkhongjee990

Explanation:

Risk refers to decision-making situations under which all potential outcomes and their likelihood of occurrences are known to the decision-maker, and uncertainty refers to situations under which either the outcomes and/or their probabilities of occurrences are unknown to the decision-maker

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