Examlex
The line drawn within the box of a box plot always represents the median.
Risk environments
Contexts or situations that expose individuals or organizations to hazards or potential harm related to their activities or decisions.
Assign probabilities
The act of estimating the likelihood of various outcomes or events happening.
Critical risks
Critical risks are the significant threats that could severely impact an organization's ability to achieve its objectives or continue operations.
Bounded rationality
A concept suggesting that individuals make decisions based on limited information, limited time, and cognitive limitations.
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