Question: Topic: Quantitative Risk Analysis Probabilistic Cost Analysis (getting started with decisions) Probabilities of Project Cost Bidding Price Decision Describe one or two general situations in

Topic: Quantitative Risk Analysis Probabilistic Cost Analysis (getting started with decisions) Probabilities of Project Cost Bidding Price Decision Describe one or two general situations in your life/career that you have used it or may be able to use it in order to make better decisions. Include a specific real or hypotethitacl example of how it can be applied. Please choose examples different than what is used in the lecture/assignments

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