In practice,we can view risk as:
A)The probability of a loss or an outcome that is below expectations.
B)The inability to hedge a loss or an outcome that is below expectations.
C)The probability that more outcomes are below expectations than above expectations.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

Risk can be defined as the probability of a loss or an outcome that is below expectations. This definition encompasses the concept that risk involves uncertainty and the possibility of negative outcomes. The other options do not fully capture the essence of risk.

In Practice,we Can View Risk As