Actuarial Methods of Risk Assessment

question 55

Multiple Choice

Actuarial methods of risk assessment

• A) can be used to place the female offender in a group with similar levels of known risk factors
• B) can provide a specific range of observed rates of reoffending for females
• C) allows a quantification of the probability of risk for female offenders
• D) cannot provide the quantitative or probabilistic parameters of risk that is currently available for male offenders

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Definitions:

Prices

The monetary value assigned to goods and services in a market, determining the exchange rate in transactions.

Decisions

The process of making choices or conclusions after consideration, often involving options in personal, professional, or organizational contexts.

Marginal Tax Rate

The rate at which your last dollar of income is taxed, reflecting the tax bracket your highest dollars of income fall into.

Average Tax Rate

The portion of total income that is paid as tax, calculated by dividing the total amount of taxes paid by the taxpayer’s total income.