Question: Q1 This chapter presents a method for quantifying risk in two elements, likelihood and criticality, and for plotting these two metrics on a risk matrix.

Q1 This chapter presents a method for quantifying risk in two elements, likelihood and criticality, and for plotting these two metrics on a risk matrix. Suppose you wanted to combine these two metrics into a single, combined metric for risk. Suggest three methods for combining likelihood and criticality into a single metric. List the advantages and disadvantages for each.

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