Understanding Risk
Understanding Risk
An RSI Understanding Risk method

Statistical modeling

Statistical modeling is one of the methods used by Risk Sciences International to better understand risk.

Broadly

Statistical modeling uses mathematical techniques to represent relationships between variables and estimate outcomes or trends. In risk analysis, it supports exposure estimation, dose-response curves, population risk forecasting, and uncertainty analysis. The strength of statistical models lies in their generalizability and rigor; the risks lie in misapplication, overfitting, or opaque assumptions.

More specifically

RSI builds and interprets statistical models across a wide range of risk domains. Its statisticians collaborate with subject matter experts to ensure relevance, reliability, and transparency. RSI provides clear documentation of model design and assumptions, enabling clients to use results confidently in regulatory, operational, or strategic contexts.

Methods for understanding, managing, and communicating risk