question archive Suppose you have four possible risk scenarios labeled Q, R, S, and T
Suppose you have four possible risk scenarios labeled Q, R, S, and T
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Suppose you have four possible risk scenarios labeled Q, R, S, and T. Your initial semi-quantitative analysis found that Q is more likely than R, R is more likely than S, and S is more likely than T. After a few weeks of waiting, you received a report that claimed that P(S) = 0.2 and P(Q) = 0.5. Is this possible?
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