Risk Analysis for Vehicle Miles
Construct three or more outcomes for a road trip. You might consider a traffic citation, minor accident, major accident requiring a vehicle to be towed, and a fatal accident.
Assess the risk of the outcome by determining the location in the risk matrix from the military standard. You will do so by assessing the outcome's location along the severity and likelihood axes. Be sure to defend why you chose the location.
To assess the probability of the outcome, you must use similar units between the different outcomes; for example, vehicle miles.
What do you conclude?
Risk Analysis for Vehicle Miles Construct three or more outcomes for a road trip. You...