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1 why is it so important to understand the impact that

1. Why is it so important to understand the impact that uncertainty has on good decision making

2. Explain what a risk profile is. Why is it important? What four questions might a risk profile answer?

3. Explain how to construct a risk profile. Identify and discuss each of the five suggestions that will benefit you in more accurately "assigning chance" in your risk profile. Number each suggestion.

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