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A Hierarchical Structure of Potential Risk Sources That Can Be

question 74

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A hierarchical structure of potential risk sources that can be used effectively to structure,identify,and understand risks best defines


Definitions:

Spread

In statistics, it refers to the range of a data set, which shows the extent to which numerical values differ from each other.

Center

In statistics, the central point of a data set, around which a whole dataset is distributed, usually measured as mean or median.

Incentive

Something that motivates or encourages someone to do something or to work harder.

Bias

A systematic error or deviation from true values in data collection, analysis, interpretation, or review.

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