Question: 1. What are the basic formulas used in Quantitative risk assessments? 2. Describe the process or technique used to reach an anonymous consensus during a

1. What are the basic formulas used in Quantitative risk assessments?

2. Describe the process or technique used to reach an anonymous consensus during a qualitative risk assessment.

3. Discuss the need to perform a balanced risk assessment. What are the techniques that can be used and why is this necessary?

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