Empiric Risk Is Based on _____,Which Is the _____

question 30

Multiple Choice

Empiric risk is based on _____,which is the _____.

• A)prevalence;rate at which a certain event occurs
• B)incidence;rate at which a certain event occurs
• C)prevalence;proportion of individuals in a population with a particular disorder at a specific time
• D)incidence;proportion of individuals in a population with a particular disorder at a specific time

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Definitions:

Margin

In finance, the difference between the selling price and the cost of the goods sold, often expressed as a percentage of sales.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services in an economy.

Marginal Analysis

An examination of the benefits and costs of one additional unit of change.

Economic Individuals

Persons or entities that make decisions to maximize satisfaction or profits, based on the principles of economics.