This time we are looking on the crossword clue for: Peril.
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Possible Answers: RISK, MENACE, DANGER, HAZARD, SWORDOFDAMOCLES, DISTRESS, RISKINESS.
Random information on the term “RISK”:
Statistical risk is a quantification of a situation’s risk using statistical methods. These methods can be used to estimate a probability distribution for the outcome of a specific variable, or at least one or more key parameters of that distribution, and from that estimated distribution a risk function can be used to obtain a single non-negative number representing a particular conception of the risk of the situation.
Statistical risk is taken account of in a variety of contexts including finance and economics, and there are many risk functions that can be used depending on the context.
One measure of the statistical risk of a continuous variable, such as the return on an investment, is simply the estimated variance of the variable, or equivalently the square root of the variance, called the standard deviation. Another measure in finance, one which views upside risk as unimportant compared to downside risk, is the downside beta. In the context of a binary variable, a simple statistical measure of risk is simply the probability that a variable will take on the lower of two values.
Random information on the term “HAZARD”:
Hazard is a home rule-class city and the county seat of Perry County, Kentucky, United States. The population was estimated to be 5,346 in 2014.
Local landowner Elijah Combs Sr. laid out the town in 1824 as the planned seat of the newly established Perry County. Both the town and the county were named for Cdre. Oliver Hazard Perry, the hero of the 1813 Battle of Lake Erie in the War of 1812. The post office was initially known as Perry Court House but the name was officially changed to Hazard in 1854. The city was formally incorporated by the state assembly in 1884.
Long isolated by the surrounding mountains, Hazard was opened to the outside world by the arrival of the railroad in 1912. The only access to the valley had previously been 45 miles down the North Fork of the Kentucky River or a two-week trip over the surrounding mountains. The railroad brought boom times to the town, but the Great Depression saw prosperity end as quickly as it had begun.