Question

how would you calculate risk? a (loss + mitigation factor) (loss/probability) b probability mitigation factor c probability loss d probability mitigation factor

Explanation:

Step1: Recall risk - calculation concept

In basic risk assessment, risk is calculated as the product of the probability of an event occurring and the loss associated with that event. Mitigation factor is not part of the basic risk - calculation formula.

Answer:

C. Probability * loss