What Is a "Threat Assessment"? Is It Important to Local

question 21

Essay

What is a "threat assessment"? Is it important to local businesses and if so why? Is it important to overall homeland security and why?

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Definitions:

Normally Distributed

Relates to a distribution that follows a normal distribution, with data symmetrically distributed around the mean.

Gasoline Prices

The cost per unit volume of gasoline, which can fluctuate based on several factors including crude oil prices, demand, taxes, and regulations.

Continuous Probability Distribution

A function that describes the probability of a continuous random variable falling within a certain range of values.

Variance

A measure of variability that denotes the average of the squared differences from the mean, used in statistics to indicate how data points in a set are spread out.