Risk analysis intervals are preferred over chance and consequence numbers for unknown reasons.
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- Risk analysis is better using probability and consequence intervals than exact numbers.It is not obvious why intervals in risk analyses are preferred over exact numbers when referring to both probability and consequence.Computer Science When you reduce the confidence interval (e.g., from 95% to 80%), the range between the lower and upper limits... increase decrease sometimes is bigger, sometimes is smaller stays the same
- Experimental Engineering Analysis: Experimental engineering analysis is used for Solution of engineering problems true false There are in general levels of standards of measurements International standards and Working standards true False The value of the Mega is equal to 10^-6 * true falseComputer Science Scenario: Suppose you were to let your friend use your computer for a couple of hours in order for them to complete their homework assignments. What kind of precautions would you take before letting them use your computer? In those precautions, what is the logic behind your reasoning? How would your precautions change if this computer was being used by the general public instead?In the context of statistical analysis, what does the word "Standard Error" mean?