Using probability to assess risk (Edexcel GCSE Statistics): Flashcards

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Using probability to assess risk
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How do you convert risk from decimal to percentage?

Multiply the decimal risk by 100 to get a percentage.

What does relative risk compare?

Risk between two groups or conditions.

How to calculate relative risk?

Risk in group A / Risk in group B.

Name a real-world application of risk assessment.

Healthcare: comparing treatment side effects.

How to interpret a relative risk of 2.33?

Event is 2⅓ times more likely in one group.

What do higher risk values (closer to 1) indicate?

Higher likelihood of the event happening.

Which has higher risk: 8/46 (feet) or 3/50 (knees)?

8/46 higher; ≈0.174 (17.4%), knees 0.06 (6%)

Relative risk old vs new: 35% vs 15%?

0.35/0.15 = 2.33 times (old is 2⅓× more likely)

Find risk of foot injury (8 in 46 games)

8/46 = 0.1739 ≈ 0.17 = 17%

Calculate relative risk: old 35% vs new 15%

0.35/0.15 = 2.33; old is 2.33 times more likely

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