Question

When do the results of a risk benefit analysis indicate that a technology should be used?

Answer 1

A risk-benefit analysis is a comparison between the risks and its benefits. They are used to check whether a course of action is worth taking or if the risks are too high.

Risk–benefit analysis is analysis that seeks to quantify the risk and benefits. Analyzing a risk can be massively reliant on the human factor. A certain level of risk in our lives is approved as necessary to achieve certain benefits.

This kind of analysis is most important in medical field it requires detail research for implication of any new technology . It is important to determine whether the risk or the benefit is more significant before taking action.

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