Which of the following techniques involves attempting to make and numerically determine the probability of various adverse events and measuring the likely extent of the losses?
Quantitative risk analysis involves numerically determining the probability of various adverse events and measuring the potential extent of losses. This technique uses statistical models, data, and numerical methods to evaluate risks in terms of likelihood and impact, often resulting in monetary values or probabilities.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Nobita135
3 months ago