Risk Factors
Risk factors refer to the variables that increase the likelihood of an event or outcome occurring. In data science, risk factors are used to identify the variables that contribute to a particular outcome or event. These factors can be used to develop predictive models that can help organizations make informed decisions. Risk factors can be identified through statistical analysis, machine learning algorithms, and other data science techniques. By identifying risk factors, organizations can take steps to mitigate the risks associated with a particular event or outcome.
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