calculated risk

Discuss this oxymoron in the comments below.

5.1/10 - (8 votes)

Fishygraham387 says:

November 15, 2010 at 6:00 pm

how is this an oxymoron??
Fishygraham387 says:

November 16, 2010 at 12:00 am

how is this an oxymoron??
anonymousmathlover says:

January 25, 2012 at 12:27 am

I think that calculated implies that everything is carefully planned out and makes sense, while a risk implies that not everything is planned out. However, I am not sure.
Magnitus says:

June 7, 2013 at 3:35 am

I disagree. Statistics makes a science of risk analysis through which the nature (what form it will take as random events are repeated over and over) of the risk is know in great details , even if the factors that shapes it aren’t known.

In that sense, the risk can be calculated with a lot of precision.
Frank Again says:

October 12, 2013 at 10:53 am

anonymousmathlover, do you think you can state as a percentage exactly how unsure you feel?

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