The Scientific Process of Using Statistical Methods to Estimate Potential

question 16

Short Answer

The scientific process of using statistical methods to estimate potential harm from a particular hazard is called ____________________.

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Definitions:

CSR Activities

Corporate Social Responsibility activities entail initiatives a company undertakes to assess and take responsibility for its effects on environmental and social wellbeing.

Leading Indicator

A measurable economic factor that changes before the economy starts to follow a particular pattern or trend, used to predict changes in economic activity.

BSC Performance Perspectives

A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align the day-to-day work, and prioritize projects, products, and services.

Lagging Indicator

A metric that shows the performance of an economy, industry, or company after the fact and confirms trends rather than predicting them.