Question

The future is always more or less uncertain. You reduce the degree of risk when you collect relevant data and apply it to your forecast-if you have less than 1% of relevant data, conditions are_________ and the degree of risk is_________.

Answer 1

Answer:

Uncertain - 99%.

Explanation:

Predicting or forecasting the future could be measured with a sense of certainty or uncertainty. If a person sees dark clouds on the sky, they would be more certain than uncertain that it's an omen of rain. If you are collecting relevant data and then apply it to a forecast having less than 1% of certainty of reducing the degree of risk, conditions are uncertain. And, if measured from 1% to 100%, substracting that 1% of certainty leaves a 99& of uncertainty.