2 ms·
You are ignoring the probabilities though. Risk is probability*potential damage amount, so the lower the probability of damage, the lower the risk. This can res
by cubefox 2y ago
You are ignoring the probabilities though. Risk is probability*potential damage amount, so the lower the probability of damage, the lower the risk. This can result in a low risk even if the potential amount of potential damage is high (when the probability is sufficiently small).
- HPsquared 2y agoAll predictions have a margin of error. Both "known unknowns" and "unknown unknowns". Given they don't really understand the cause, we're nearer the "unknown unknowns" area.