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The risk–benefit ratio is a comparative assessment used to evaluate the potential risks and benefits associated with a particular action, decision, treatment, or intervention. This ratio helps individuals, organizations, and policymakers determine if the expected benefits outweigh the risks involved, and whether it is justifiable to proceed with a particular course of action. ### Key Components: 1. **Risk**: Refers to the potential negative outcomes or hazards associated with an action.

Ancestors (6)

  1. Medical statistics
  2. Applied statistics
  3. Applied mathematics
  4. Fields of mathematics
  5. Mathematics
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