To Protect His Poultry from Meteorites,the Gentleman Farmer Made Hard

question 3

Multiple Choice

To protect his poultry from meteorites,the gentleman farmer made hard hats for each bird and installed a meteor detection system that opened umbrellas throughout the yard if a meteor were detected.The safety of his flock thus assured,the farmer was surprised when he read his latest issue of Risk Management Magazine and discovered that this event was:

• A)High in consequence and high in probability.
• B)Low in consequence and low in probability.
• C)Low in probability and high in consequence.
• D)High in probability and low in consequence.

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Definitions:

Learning

The process of acquiring through experience new and relatively enduring information or behaviors.

Retrieval

The process of getting information out of memory storage.

Memory

The persistence of learning over time through the encoding, storage, and retrieval of information.

Echoic Memory

A momentary sensory memory of auditory stimuli; if attention is elsewhere, sounds and words can still be recalled within 3 or 4 seconds.