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Q: What is an expression of possible loss adverse outcome or negative consequence in terms of probability and severity.?

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What is an expression of possible loss, adverse outcome, or negative consequence in terms of probability and severity

Risk

f

f

HAZARD

It's a risk.

Which term most closely matches the desription: Any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment.

Which term most closely matches the desription: Any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment.

6 - 8 = -2 is one possible answer.

Probability is a numerical value defined for a set of outcomes. It is non-negative and such that the sum or integral over all possible outcomes is 1.

They both mean result; but implication is a possible result and outcome of an action, not necessarily negative. whereas consequence is a result of an action, but often not good.

A probability distribution must have a well defined domain - that is, the set of possible outcomes.For each possible outcome, there must be a non-negative value associated - the probability of that outcome.The sum of the probabilities, over all possible outcomes, must be 1.

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