The key distinction between risk and uncertainty is

A) Risk cannot be quantified,priced or traded
B) Uncertainty refers to not knowing possible outcomes or their probabilities
C) Uncertainty is modeled by listing the possible outcomes and assigning probabilities to the outcomes
D) Risk has to do with not knowing the probability distribution of a random variable

Question

​The key distinction between risk and uncertainty isA) ​Risk cannot be quantified,priced or tradedB) Uncertainty refers to not knowing possible outcomes or their probabilitiesC) Uncertainty is modeled by listing the possible outcomes and assigning probabilities to the outcomesD) ​Risk has to do with not knowing the probability distribution of a random variable

Askgram User · Accepted Answer

Final Answer : undefined

Definitions

Learning Objectives

Learning Objectives

Related questions