Quantitative Risk Analysis

I’m trying to learn for my Management class and I’m stuck. Can you help?

Describe a data analysis quantitative risk analysis technique such as simulation, sensitivity analysis, decision tree analysis, or influence diagram. Discuss how you would use this technique to determine numerical values for your risks. You do not have to perform the quantitative risk analysis but should discuss the steps in detail. (just the highlighted section of attachment)

Week 4: Quantitative Risk Analysis (100 points)

This week involves a discussion of a quantitative risk analysis technique.

Describe a data analysis tool you will use for quantitative risk analysis. You do not have to complete a quantitative risk analysis but you should describe the tool in detail.

Complete the Quantitative Risk Analysis section of the Risk Management Plan template.

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