Unknown-Unknown Risks Are Residual Risks That We Cannot Even Imagine

question 53

True/False

Unknown-unknown risks are residual risks that we cannot even imagine happening.

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Definitions:

Absolute Data

Quantitative information that is completely independent of other numbers, providing specific facts rather than relative or comparative metrics.

Relative Data

Information that is pertinent or relevant in comparison to another set of data, often used to analyze relationships or trends.

Earning Gap

The disparity in income between different demographics, such as between genders or races, often pointing to issues of inequality or discrimination in the workforce.

Career Interruptions

Pauses in a person's career path due to various reasons such as parental leave, personal health issues, or layoffs.