Perspective-Driven Probability: Simplifying Risk Assessment with FAIR Methodology
Explore the nuanced nature of probability and risk assessment in this insightful video. Join us as we navigate the diverse perspectives that shape individual interpretations of what's probable. Discover how the FAIR (Factor Analysis of Information Risk) methodology provides a structured approach to understanding and communicating risk, making it accessible not only to the creator but to a wider audience. Gain insights into the challenges of assigning probabilities to uncertain events with limited data, and learn how FAIR methodology offers clarity in the face of uncertainty.