The percentage of times that a specific result would occur if an individual were to make the same decision a large number of times is referred to as risk.

Name: The percentage of times that a specific result would occur if an individual were to make the same decision a large number of times is referred to as risk.
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Question

Quizplus · Accepted Answer

The description given refers to the concept of probability, not risk. Risk involves the potential for loss or negative outcomes, not just the likelihood of a specific result occurring.

The Percentage of Times That a Specific Result Would Occur