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What does it mean to mitigate risk and give me an example?
Mitigating risk means taking measures to decrease the risk. Wearing a helmet while bicycling is a way to mitigate the risk of a head injury.
Whats a Dependent Variable?
A dependent variable is simply a variable (for example: y) whose value depends on that of another.
Difference between cumulative incidence and incidence rate?
example for cumulative incidence(Risk)...... Number of new cases/Population at risk 28 patient in two years/1000 person at risk which means 2.8% the IR for the same example 14 patient / 1 year
How do you calculate cost price when given sell price and profit percentage?
Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5
If you know the regular price and the sale price how do you figure out the percent off?
Divide sale price by full price. Example: item is $30 but is on sale for $15. 15/30=50%, so the item is 50% off
