According to the Engineering Definition of Risk, the Risk of Some

question 24

Multiple Choice

According to the engineering definition of risk, the risk of some unwanted event e is the product of the probability that e will occur and the value of the harm caused by e measured

• A) in dollars.
• B) by the number or lives lost.
• C) utility units.
• D) None of the above

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Definitions:

Behaviour

Refers to the actions or reactions of an object or organism, often in relation to the environment or stimuli.

Pleasant Outcomes

The positive results or benefits achieved from a specific action, decision, or event.

Unpleasant Outcomes

Negative or undesirable results that arise from certain actions or decisions, often leading to dissatisfaction or adverse effects.

Reinforcement Theory

A behavioral theory which suggests that behavior is influenced by its consequences, either through rewards or punishments.