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.
risk
HAZARD
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.
It's a risk.
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.
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
f
f
HAZARD
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.
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.
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.
It is always non-negative. The sum (or integral) over all possible outcomes is 1.