Tag Archives: numerical
The Difference between Quantitative and Qualitative Risk Analysis and Why It Matters (Part 2)
October 29, 2008 – 6:00 am
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Objective vs. Subjective Approaches: Strengths and Weaknesses As we have seen, quantitative risk analyses can be subjective and qualitative risk analyses can be objective. The purpose of this slide is to summarize and discuss some of the advantages and disadvantages of both the objective and…
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