AppendixAnswers to Review Questions
Chapter 1: Risk Management
- C. Subjective opinions are not an advantage of quantitative risk assessment but rather an advantage of qualitative risk assessment.
- A. What helps demystify these formulas is recalling what each value represents. Recall that SLE is the single loss expectancy of an asset, EF is the exposure factor, and a higher EF means a higher exposure (higher vulnerability of that asset). So, it's reasonable to understand that expectancy of a loss goes higher when the exposure is higher. Single loss expectancy is a product of both the asset's value and how vulnerable that asset is to a loss.
- B. Although a qualitative assessment generally requires much less time than a quantitative one, a qualitative ...
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