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Quantitative Risk Analysis Evaluates Each Risk by Estimating the Probability

question 8

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Quantitative risk analysis evaluates each risk by estimating the probability that it will occur and the degree of impact.


Definitions:

Reproduction

The biological process by which organisms produce new individuals of their species, ensuring the continuation of genetic information.

Chemical Combination

A process where two or more substances react to form a new substance with different chemical properties.

Chemical Compound

A substance formed from two or more elements chemically united in fixed proportions.

Genes

The basic physical and functional units of heredity, made up of DNA sequences that instruct how organisms are built and function.

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