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uantitative risk analysis frequently uses mathematical formulas to determine the numerical values of risks. Select one of the following tools and techniques. Provide a description
uantitative risk analysis frequently uses mathematical formulas to determine the numerical values of risks. Select one of the following tools and techniques. Provide a description of the technique chosen and discuss how it can be used to perform risk analysis. Simulations (such as a Monte Carlo analysis) Sensitivity analysis (tornado diagram) Decision tree analysis Influence diagram
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