The combination (product, actually) of a probability and the associated benefit (or cost) of a certain situation is called the "mathematical expectation", "expectation value", or "expected value".
The combination (product, actually) of a probability and the associated benefit (or cost) of a certain situation is called the "mathematical expectation", "expectation value", or "expected value".
The expression of risk associated with a hazard that combines its severity and probability into a single Arabic numeral is often referred to as a "Risk Score" or "Risk Index." This score quantifies the potential impact of a hazard by assessing both the likelihood of its occurrence and the severity of its consequences. It serves as a valuable tool for prioritizing hazard abatement measures, enabling organizations to allocate resources effectively based on the level of risk.
Lowering
The noun form for the verb to abate is abater, one who abates. Another noun form is abatement.
The combination (product, actually) of a probability and the associated benefit (or cost) of a certain situation is called the "mathematical expectation", "expectation value", or "expected value".
The expression of risk associated with a hazard that combines its severity and probability into a single Arabic numeral is often referred to as a "Risk Score" or "Risk Index." This score quantifies the potential impact of a hazard by assessing both the likelihood of its occurrence and the severity of its consequences. It serves as a valuable tool for prioritizing hazard abatement measures, enabling organizations to allocate resources effectively based on the level of risk.
abatement
abatement abatement
Yes, "abatement" is a noun. It refers to the action of reducing or lessening something, such as noise abatement or pollution abatement.
Rent abatement is reduction of the amount of rent due.
Abatement of pain is the same as reduction of pain.
Abatement may refer to Abatement Technologies, a well-known manufacturer of air duct cleaning equipment. Or it may refer to other services offered by the air duct cleaning provider, such as asbestos abatement or lead abatement.
Smog abatement means reducing the amount or intensity of smog.
Pollution abatement is reduction of the amount of pollution being created or existing in an area.
Some words that rhyme with "understatement" are abatement, defacement, and merriment.
An order of abatement is a legal order to correct a violation of some sort.