List (A)four Factors That Increase the Likelihood That Someone Will

question 61

Essay

List (a)four factors that increase the likelihood that someone will try illicit drugs, (b)four factors that decrease the likelihood that someone will try illicit drugs,and (c)four factors that increase the likelihood that someone who uses psychoactive drugs will become dependent.

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Definitions:

Risk-Averse

The characteristic of preferring to avoid risk, typically by choosing more certain outcomes over those with potentially higher but risky returns.

Positively Correlated Events

Situations or variables that move in the same direction, implying that as one increases, the other also increases.

Diversification

A risk management strategy that involves allocating investments among various financial instruments, industries, or other categories to minimize risk.

Expected Value

A calculated average of all possible values for a random variable, weighted by their probabilities of occurrence.