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Quiz

Module 2

Ashley Shields 20 Fragen

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Fragen in diesem Quiz (20)

  1. 1As an application of the "number of days" lost measure of risk discussed in "scientific view of risk" consider the following 2015 statistic. Todays life expectancy is well into the 80's. What percentage of life-long smokers die before the age of 70?
    1. A90%
    2. B30%
    3. C50%
    4. Dabout the same that die in plane crashes
  2. 2According to the "scientific view of risk" most risks are relative. What does that mean?
    1. Aall risks should be compared to other risks to determine where they should rank
    2. Bsome risks should be compared to other risks to determine where they should rank
    3. Cany given risk should be weighed with other risks or lost benefits that can result from attempts to reduce the given risk
    4. Dno risk is necessarily bad there is always a worse risk
  3. 3According to "innovation risk: how to make smarter decisions" which of the following is not one of the five rules of thumb to minimizing risk?
    1. Aunderstand use and user
    2. Bdetermine which risks are being faced
    3. Crecognize you need a model
    4. Dexpect the unexpected
  4. 4"Risk management is fundamentally a question of values. In a democratic society, there is no acceptable way to make these choices without involving the citizens who will be affected by them" What does this mean?
    1. Amedia bias have a large impact on citizens in democratic nations
    2. Beveryone possibly affected by a risk should have a say in the reduction or response to a risk
    3. Csociety concerns regarding risk matter more than personal concerns regarding risk in a democratic society
  5. 5According to "innovation risk how to make smarter decisions", which one of the following was not one of the simultaneous factors of the recent financial crisis?
    1. Ahigh interest rates
    2. Blow interest rates
    3. Crising house prices
    4. Dan efficient mortgage refinancing market
  6. 6One of the core concepts of the reading "a scientific view of risk" is:
    1. Acancer is a deadly disease
    2. Brisk reduction has both monetary and non-monetary costs
    3. Csmoking causes cancer
    4. Ddying young is worse than dying old
  7. 7According to the reading "a scientific view of risk innumeracy is:
    1. Aa lack of intuitive understanding of numbers
    2. Ba impersonal evaluation of risk
    3. Ca scientific evaluation os risk
  8. 8The reading "a scientific view of risk" has a different definition of risk than we have used in class. The definition used in this reading added what component to the definition?
    1. Aa time element (given a period of time)
    2. Buncertainty
    3. Cadverse outcomes
    4. Dgovernment involvement
  9. 9According to "innovation risk: how to make smarter decisions" mathematical modeling is more precise than which of the following?
    1. Astatistical modeling
    2. Benvironmental modeling
    3. Chuman cognition
    4. Dbehavioral analysis
  10. 10What is relative risk index?
    1. Aa method using time elements in calculation of risk probabilities
    2. Ba method of comparing the odds of something affecting a specific group of people with the odds of something affecting the entire population
    3. Ca method to compare a specific risk versus all possible risk

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Beschreibung
Business Analyst Module 2 Quiz am Module 2, erstellt von Ashley Shields am 27/05/2021.
Sprache
English
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