Social Studies, 02.03.2020 23:55 joleiswan9919
The key distinction between risk and uncertainty is a. Risk cannot be quantified, priced or traded b. Uncertainty is modeled by listing the possible outcomes and assigning probabilities to the outcomes c. Risk has to do with not knowing the probability distribution of a random variable d. Uncertainty refers to not knowing possible outcomes or their probabilities
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The key distinction between risk and uncertainty is a. Risk cannot be quantified, priced or traded b...
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