Objective risk is defined as:
A)risk with two possible outcomes
B)risk with three possible outcomes
C)an individual's perception of risk
D)none of the above

Question

Quizplus · Accepted Answer

Objective risk refers to risk that can be measured and quantified based on statistical data, rather than an individual's perception or subjective evaluation. It is not limited to a specific number of possible outcomes. Therefore, option D is the correct answer.

Objective Risk Is Defined As