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"""Risk quantification attempts to assign numeric values to risks, instead of qualitative labels such as "Critical" and "High".""" Nitpicky...but... Shouldn't
by kriro 7y ago
"""Risk quantification attempts to assign numeric values to risks, instead of qualitative labels such as "Critical" and "High"."""
Nitpicky...but...
Shouldn't risk always be quantified? I thought that's what sets it apart from uncertainty. Also I'd argue that "critical", "hight" etc. is also quantification (ordinal scale). I guess the argument is that it should be quantified on a nominal scale?
That being said, love the list :)
- josephkern 7y agoQuantification of risk from natural language is handled in the first 10 minutes of the video 'Forecasting, Browsers, and “In The Wild” Exploitation by Ryan McGeehan (2019)' in the OP link.
- veeralpatel979 7y agoYes, specifically this is what Ryan discusses: https://en.wikipedia.org/wiki/Words_of_estimative_probability https://en.wikipedia.org/wiki/Words_of_estimative_probabilit...