Please help me answer the following questions:

1. Suppose a single dice is thrown. If the dice comes up 1, 2 or a 3, you lose $80. If the dice comes up 4, you lose $20. Otherwise, you gain $60. What is the expected value?

(Use at least one decimal place in your answer)

2. Consider the fundamental risk equation,

Risk = Likelihood x Impact

Which of the following element in the ALE model most corresponds to likelihood in this equation?

• AV
• EF
• SLE
• ARO
• ALE