What is the scientific process of using statistical methods to estimate how much harm a particular hazard can cause to human health or the environment?

Question

​What is the scientific process of using statistical methods to estimate how much harm a particular hazard can cause to human health or the environment?

Quizplus · Accepted Answer

The scientific process of using statistical methods to estimate how much harm a particular hazard can cause to human health or the environment is called risk assessment. It involves assessing the likelihood and consequences of exposure to the hazard and is used to inform decision-making around managing or mitigating risks. Probability refers to the likelihood of an event occurring, while lifecycle cost-pricing is a method used to determine the long-term cost of a product or service. Mitigation refers to actions taken to reduce the severity or impact of a hazard, while prevention involves taking actions to avoid or prevent exposure to a hazard in the first place.

​What Is the Scientific Process of Using Statistical Methods to Estimate

What Is the Scientific Process of Using Statistical Methods to Estimate