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NAL Agricultural Thesaurus
U.S. Department of Agriculture

Concept Breadcrumbs

Economics, Trade, Law, Business, Industry > administrative management > risk analysis > risk assessment > probabilistic risk assessment
Preferred Term:

probabilistic risk assessment

Definition:
Risk evaluation involving the calculation and expression of risks using multiple risk descriptors to provide the likelihood of various risk levels. Probabilistic risk results approximate a full range of possible outcomes and the likelihood of each, which often is presented as a frequency distribution graph, thus allowing uncertainty or variability to be expressed quantitatively.
Concept Schemes:
NALT Full
Broader Concept:
risk assessment
Related Concepts:
Entry Terms:
  • stochastic risk analysis
  • stochastic risk assessment
  • stochastic risk model
  • probabilistic risk analysis
  • probabilistic risk model
URI:
https://lod.nal.usda.gov/nalt/136996
Download this Concept:
RDF/XMLCreated 2010-08-27, last modified 2013-01-18