Examlex

Solved

Risk Is Defined as the Chance (Probability) of Actually Observing

question 64

True/False

Risk is defined as the chance (probability) of actually observing outcomes that are less than expected, or unfavorable.Outcomes that are greater than expected are not considered when evaluating risk because such occurrences are desirable.


Definitions:

Terminal Illnesses

Diseases or conditions that are incurable and irreversible and that are expected to lead to the death of the patient within a short period of time.

Percentage

A mathematical concept representing a fraction of 100, used to indicate proportions or shares in relation to the whole.

Americans

Residents or citizens of the United States of America.

Disability

A condition, either mental or physical, that restricts an individual's activities, movements, or sensory perceptions.

Related Questions