A Risk Sciences International glossary definition (Last modifed: December 15, 2023)
risk factors
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In the realm of epidemiology, finance, and other fields, “risk factors” refer to variables or conditions that increase the likelihood of a particular outcome or event occurring. These factors can be intrinsic or extrinsic and are often used in predictive models to assess probabilities. In healthcare, for example, a risk factor like high blood pressure may elevate the chance of heart disease. In finance, market volatility could be a risk factor for investment loss. Understanding risk factors allows for more informed decision-making and targeted interventions.
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