Question: Assume we quantify risk in two dimensions, like probability and impact (most commonly used way). Can you give two different examples, of which risks are
Assume we quantify risk in two dimensions, like probability and impact (most commonly used way). Can you give two different examples, of which risks are HIGH for both. However, one of the examples includes only 1/3 of the probability of the other example and still in HIGH risk category. Discuss with the help of examples.
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