In General There Are Two Primary Issues Involved in Risk

question 10

Multiple Choice

In general there are two primary issues involved in risk. What are these two issues?

• A) Validation of spreadsheet model and setting up for the simulation.
• B) Uncertainty of the outcome and magnitude of the potential loss.
• C) Maximum amount of profit made and the probability of a maximum profit.
• D) Maximum amount of loss incurred and the likelihood of that loss.

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Definitions:

Concentration Gradient

The gradual difference in the concentration of solutes in a solution between two regions, often leading to diffusion.

Hypotonic

Referring to a solution that has a lower concentration of solutes relative to another solution, thereby causing water to flow into the cell by osmosis.

Hypertonic

A solution that has a higher solute concentration compared to another solution, leading to osmosis out of the cell.

Isotonic

Describes two fluids that have identical solute concentrations.