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Reply #28: Uh... I just told you a good way to quantify "doggie danger"...
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BlooInBloo
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Thu Apr-29-10 09:23 PM
Response to Reply #27 |
28. Uh... I just told you a good way to quantify "doggie danger"... |
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I'm open to improvements on how to model it.
But in maths, it's very standard to model phenomena by (chance of it happening) x (impact of it happening). There's an entire concept devoted to that, in fact. It's called "expected value".
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