Which of the Following Is a Risk Strategy

question 162

Multiple Choice

Which of the following is a risk strategy?

• A) Risk quantification
• B) Risk avoidance
• C) Risk identification
• D) Risk review

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Definitions:

Sample Data

Data collected from a subset of a larger population, used to make inferences or predictions about the population as a whole.

SRS

Simple Random Sampling, a statistical method wherein each member of a population has an equal chance of being selected for the sample.

Sign Test

A non-parametric test used to determine if there is a significant difference between paired observations, relying on the direction of differences rather than their size.

Matched Pairs

A statistical technique that involves comparing two samples that are closely related or paired, often used in before-and-after studies.