HAZARD
It's a risk.
Loss adverse outcomes can be expressed through a risk assessment framework that considers both the probability of an event occurring and the severity of its consequences. Probability refers to the likelihood of an adverse event happening, often quantified as a percentage or ratio. Severity measures the potential impact of the event, which can range from minor disruptions to catastrophic failures. By combining these two dimensions, organizations can prioritize risks and develop mitigation strategies effectively.
For example: | x | = -1 Or any other equation where the absolute value of any expression is negative. This doesn't have a solution, because the absolute number of any expression is always positive, or zero, never negative.
Negative values, values greater than 1, complex values.
There are infinitely many possible answers. For example, (3) - (5) = -2.
Risk
What is an expression of possible loss, adverse outcome, or negative consequence in terms of probability and severity
Risk
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It's a risk.
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.
Some of the negative consequences of the Roman Policy of bread and circuses is that it kept a large gap between the rich and the poor. The other negative consequences is that it stifled ambition because people did not need to work for their bread.
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.
It is always non-negative. The sum (or integral) over all possible outcomes is 1.
-2, as negative value is not possible.
possible jail time, fines, probation, and many other charges added.