Exam (elaborations)
RMIN 4000 UGA Test 1 Questions and Answers 100% Correct!!
- Course
- Institution
What is risk? - ANSWER-a calculated possibility of a negative outcome What is calculated possibility? - ANSWER-a probabilistic outcome that is known or estimated (ranges from 0% to 100%) What is a negative outcome? - ANSWER-a loss that must be quantifiable What is frequency? - ANSWER-how o...
[Show more]