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Q: Is based on the worst credible outcome when analyzing risk.?
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Based on the worst credible outcome when analyzing risk?

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What do you mean by worest case and best case?

2 possible outcomes to a situation, worst case being the absolute worst possible outcome, best case being that absolute best possible outcome.


How can you scare yourself?

You can work yourself up mentally thinking the worst about a situation. You can begin worrying about a situation that would have a bad outcome for you. You can then began to think the worst about the outcome and scare yourself with your own mindful thoughts.


You sued for default loan what shall you do?

Pay or fight. A default judgment is about the worst outcome.


What is maxmin minmax criteria in game theory?

This is when you choose the worst of all possible outcomes for each strategy. And then you choose again from the worst ones , but now you choose the less worst outcome. ==> Pick this strategy ! Greetings.


What is the worst antivirus software?

In my opinion based on 15 years of experiance, Nortons is the worst.


What is deterministic risk assessment?

It's where you actually stop and consider logically all of the most probable outcomes at each of at least 3 points of possibility; typically: 1. What is the best possible outcome? 2. What is the worst possible outcome? 3. What is the "most likely" or "middle ground / average" outcome Based on known variables and statistics you determine at least those 3 ranges of possibility. This can than be summed up and used to create a plan of action, typically along the lines of: Hope for the best, prepare for the worst and be willing to accept the reality of it being somewhere in between.


What part of speech is the word pessimist?

The word pessimist is a noun. A pessimist is someone who always expects the worst outcome.


How did you choose the God parents?

Based on their ability to replace you if worst comes to worst as the new parents.