Final Answer:
The probability of risk A occurring is 3) 30%.
Step-by-step explanation:
The probability of an event occurring is represented as a percentage, and in this scenario, the likelihood of risk A happening is 30%. This figure indicates a moderate probability of the specific risk materializing.
In probability theory, the chance of an event occurring is measured between 0% and 100%. A probability of 30% signifies that, out of 100 instances or trials, risk A would occur roughly 30 times.
This implies a considerable possibility but does not guarantee its inevitability. When assessing risk, this percentage aids in decision-making and risk management strategies. It allows for the estimation of potential outcomes and helps in determining the best course of action to mitigate or address the risk at hand.
Understanding the likelihood of risk A occurring at 30% enables individuals or organizations to make informed choices, allocate resources effectively, and implement appropriate measures to either prevent the risk or prepare for its potential consequences.
Probability assessments like these form a crucial part of risk analysis in various fields, facilitating prudent decision-making and risk handling strategies. Hence, therefore option 3) is correct.