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Terms that are used to describe the likelihood of events are often used in the process of risk assessment. Disadvantages of using such terms include

Terms that are used to describe the likelihood of events are often used in the process of risk assessment. Disadvantages of using such terms include
Select one:
a.
The wide range of probabilities that people assign to the same likelihood term
b.
A matrix that is small (such as 3x3) doesnt allow for the wide range of likelihood terms
c.
The wide range of likelihood terms cannot be used with the bow-tie method

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