Quantitative Analysis 3
Quantitative Analysis 3 :
"Analysis that uses numerical values (rather than the descriptive scales used in qualitative and semi-quantitative analysis) for both consequences and likelihood. The quality of the analysis depends on the accuracy and completeness of the numerical values and the validity of the models used. Quantification does have limitations and clearly it is not possible to measure all human experience. One of the major criticisms regarding the creation of indicators is that they attempt to encapsulate complex and diverse processes into numerical form". (UNDAP, Techniques Used in Disaster Risk Assessment, 2008)
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