Tag: probability
Understanding how risk works
To ordinary people risk is something felt and seen. If something is dangerous you expect normally to be aware of it, like the edge of a cliff or an open manhole on some pavement. This post should be read together with Risk – how is that to be managed? If a large dog is growling near your leg, you hear it, see it and if you wait too long you’ll feel it. Do you wait for your leg to be eatenRead More …