What Are The Difference Between Risk And Uncertainty?


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Ellie Hoe answered
The major difference between risk and uncertainty is that uncertainty is the lack of faith in a situation while risk is to put yourself in the uncertain situation. Risk can lead something to dangerous situation like risk of playing with fire. However, uncertainty is a doubt or a vague idea about anything. Risks are generally produced because of uncertainties but it is not necessary that all uncertainties may lead to risks.

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