List Three Methods of Assessing Probabilities and Indicate Which Is

question 117

Essay

List three methods of assessing probabilities and indicate which is least likely to be used in business decision making.

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Definitions:

Analogous to Pathogen

Comparable or similar to a disease-causing organism, indicating something that can induce disease-like effects or conditions.

Non-specific

A term used to describe symptoms, effects, or conditions that are not unique to one particular disease or cause.

Environmental and Personal Sources

Factors stemming from one's surroundings including natural, social conditions or personal life that influence behavior or health.

Hassles Scale

A tool used to measure the frequency and intensity of minor irritations and annoyances in everyday life.