hile doing a risk assessment, it is preferable to make use of intervals of likelihood and consequence rather than specific numbers.
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While doing a risk assessment, it is preferable to make use of intervals of likelihood and consequence rather than specific numbers.
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- Risk analysis is better using probability and consequence intervals than exact numbers.In terms of probability and consequence, it is unclear why intervals rather than precise numbers are preferred for risk assessments.It is not obvious why intervals in risk analyses are preferred over exact numbers when referring to both probability and consequence.
- Asset valuation is the process of determining the fair market value of an asset, which is one of the first priorities of risk management. The asset value can be determined from the asset replacement value (how much does it cost to replace it) or what the asset provides to the organization (how much dollar value does the organization get from having the asset). The value can also be determined using a combination of both values. Are personnel assets (employees, vendors, etc) or data assets (business information, databases, financial records, etc) more difficult to quantify? Why?Risk assessment is: Select one: a. Neither subjective nor objective b. Subjective and objective c. Subjective d. ObjectiveComputer Science When you reduce the confidence interval (e.g., from 95% to 80%), the range between the lower and upper limits... increase decrease sometimes is bigger, sometimes is smaller stays the same
- Explain the concept of positive and negative testing and provide examples of scenarios where each is applied.The output of Risk analysis is: Select one: a. Risk assessment b. Dependibility requirements c. Root cause analysis d. Risk descriptionWhat is the difference between negative and positive testing?