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And when you don't have all the facts you will over- or underreact to a risk, based on your instincts.
In Mr. Tsarnaev's case, the Russian government expressed fear that he could be a risk "based on information that he was a follower of radical Islam and a strong believer, and that he had changed drastically since 2010 as he prepared to leave the United States for travel to the country's region to join unspecified underground groups," the F.B.I. said in a statement.
Although many of the procedural details are still just proposals, the idea is to determine who may present a risk based on better use of government intelligence and watch lists as well as suspicious behaviors like checking in for a one-way international flight with no luggage.
"Yes, it was a risk but it was a risk based on information I'd picked up about someone who I thought was special," Wray told BBC Wiltshire.
The effect of an individual being told s/he has a risk based on a genetic test has been much discussed in relation to health risks (Claassen et al., 2010.
This model calculates a risk based on the answers to seven questions, including the age at which a woman began menstruating, the age at which she had her first child, and the number of relatives with breast cancer.
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Each decision maker should weigh the importance of two risks when constructing his own sampling plan: a primary risk based on his own null hypothesis and a secondary risk based on his own alternative hypothesis.
It was a calculated risk based on New York tax law as written.
PSafe is now identified by DU Speed Booster as a "Potential Risk" based on the number of permissions it requests.
Has Gillette's parent Procter & Gamble taken a calculated risk based on changing demographics or new growth segments, such as female personal care?
According to Carol Bowie, ISS also evaluates the severity of a potential risk based on company disclosures of pledging by top executives or directors to determine whether a negative recommendation is warranted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com