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Which of the following is the most accurate about risk versus uncertainty? Risk can be represented by random variables with estimable chances and possible outcomes
Which of the following is the most accurate about risk versus uncertainty? Risk can be represented by random variables with estimable chances and possible outcomes while uncertainty cannot Risk is about the unknown unknowns while uncertainty is about the known unknowns Tossing a coin is an example of uncertainty while pandemic is an example of risk Risk is about the future while uncertainty is about the past
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