Risk: Trying to Quantify Our Uncertainty

[CostAnalyst]

He's confused the definition of Risk with the definition for Uncertainty. Risk is the probabilty of Loss, created BY Uncertainty.

[NosajThong]

anyone know the scoring table for values other than 10 and 5? i.e what score to give a right/wrong answer of 7?

[REDBULLHEADiphone]

I remember reading once that before a major world incident or event happens, there are many instances of peculiar and freak coincidences. It was documented with things such as the shooting of JFK. I'm not referring to these things as any time of supernatural occurence, but perhaps a study on this would one day help us quantify our uncertainty.

5* for the video. Very interesting.

[lordennis01]

You know, this wasn't very informative. It seems to me it was a presentation aimed at entertaining people rather than presenting any useful information.