Explain positive and negative polarity

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Reference no: EM133468387

Assignment:

1. How does the expression R(s) = {Pr(s), V(s)} compare with the expression R = T x V x C?

2. a) Why doesn't P(s) = P(e)P(o)? (b) What must be true if P(s) = P(e)P(o)? (c) Suppose P(s) = P(e)P(o). What are the implications of this on risk?

3. Explain positive and negative polarity.

4. Look up a definition of the term "utility" on the Internet. Share this definition (and source), and compare it with the word "value."

5. Beside economic value, name three other types of value a person might assign to an object or circumstance. (Tough question - this is not in any reading).

6. Some say value is driven entirely by feelings. Do you agree or disagree? Discuss.

7. Look up the acronym QALY and explain what it is used for.

8. Is the valuation of a scenario in risk assessment objective or subjective?

9. Define the term "disutility." Is disutility an absolute or relative value? Discuss.

10. Discuss the connection between value and the "asset" part of the security context.

Reference no: EM133468387

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