differences between qualitative and quantitative risk analysis

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What are the differences between qualitative and quantitative risk analysis? When is each type of analysis appropriate? What type of analysis will you use for the customer service system project?

Assignment Guidelines:

  • Address the following in 750–900 words:
    • What are the differences between qualitative and quantitative risk analysis? Explain.
    • When is each type of analysis appropriate? Explain.
    • What type of analysis will you use for the IRTC customer service system project? Why?

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