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Answered 2014-10-06 20:12:35

A probability is an estimation of how likely an event is to come to pass. A risk is the level of possibility that an action or activity will lead to a loss or have an undesired outcome.

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What is the difference between risk and challenge?

Risk is the probability that a hazard will turn into a disaster. risks can be reduced or managed. Challenge is a call to engage in a contest.


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