Fill in the blank with the appropriate word. The ____________________risk analysis process analyzes the effect of a risk event deriving a numerical value. Answer: quantitative

The correct answer is A. quantitative. Quantitative risk analysis assigns numerical values to risk events - it uses measurable data, probability calculations, and statistical modeling (e.g., Monte Carlo simulations, Expected Monetary Value) to express risk impact in concrete terms like dollars or days. This makes it…

Network Security Policy and Management

Question

Fill in the blank with the appropriate word. The ____________________risk analysis process analyzes the effect of a risk event deriving a numerical value. Answer: quantitative

Options

Aquantitative

How the community answered

(35 responses)

A
100% (35)

Explanation

Quantitative risk analysis assigns numerical values to risk events - it uses measurable data, probability calculations, and statistical modeling (e.g., Monte Carlo simulations, Expected Monetary Value) to express risk impact in concrete terms like dollars or days. This makes it the only term that fits "deriving a numerical value."

Since only one choice is provided, there are no distractors to address - this appears to be a fill-in-the-blank with a single correct answer.

Memory tip: Think quant = quantity = numbers. Contrast it with qualitative risk analysis, which uses descriptive scales (High/Medium/Low) instead of numbers. If the question mentions numerical values, formulas, or probabilities → quantitative; if it mentions ratings or priority rankings → qualitative.

Topics

#quantitative risk analysis#risk management#numerical risk assessment

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