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MATHEMATICAL RISK ANALYSIS: VIA NICHOLAS RISK MODEL AND BAYESIAN ANALYSIS

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Table 3.1 Frequency Percent (%) Insigni fi  cant -Remote
Table 3.2 Frequency Percent (%) Minor- Could happen but rare (typically once a year) 17 26.6 moderate- Could happen occasionally (on average quarterly) 16 25.0 Signi fi  cant- Could happen often (on average once a month) 23 35.9 Major- Could happen frequent
Table 3.7: Mean and Standard deviation of percentage throughput targets  met in the university

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