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Probabilistic Risk Assessment is:
A methodology to evaluate risk based on the impact
A methodology to evaluate risk associated to organization
A systematic and comprehensive methodology to evaluate risk associated to complex technological entity
A systematic and comprehensive methodology to evaluate risk associated with very simple entity
Probabilistic Risk Assessment is a systematic and comprehensive methodology to evaluate risk associated with complex engineered technological entity **** is it called something else if it is a 'Simple' technological entity ? ****
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