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@RISK Introduces Uncertainty Explicitly into a Spreadsheet Model by Allowing

question 44

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@RISK introduces uncertainty explicitly into a spreadsheet model by allowing several inputs to have probability distributions and then enabling the simulation of random values from these inputs.


Definitions:

Occupational Safety

Practices and standards implemented to ensure the workplace is free from health and safety hazards.

Recognized Hazards

Hazards that have been identified and analyzed through processes such as safety audits or risk assessments, indicating potential harm to employees in the workplace.

Disparate Impact

A condition in which employment practices are seemingly neutral yet disproportionately exclude a protected group from employment opportunities.

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