In order to quantify risk associated with a particular hazard we need to know
A) where and when it will occur.
B) the probability of it occurring and the possible consequences of the event.
C) the size of the population in the hazard location.
D) what other events could occur with it.
E) the kind of precursor events that may happen before it.

Question

Quizplus · Accepted Answer

To quantify risk associated with a particular hazard, we need to know both the probability of the hazard occurring and the potential consequences of that event. This allows us to calculate the expected value of the event and determine the most appropriate response or mitigation strategy. Factors such as location, population, and precursor events may also be relevant in assessing risk, but they are secondary to understanding the probability and consequences of the hazard itself.

In Order to Quantify Risk Associated with a Particular Hazard