calculated risk

Discuss this oxymoron in the comments below.

  • Fishygraham387

    how is this an oxymoron??

  • Fishygraham387

    how is this an oxymoron??

  • anonymousmathlover

    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

    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

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

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