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Risk management must factor in the type of risk and an individual's acceptance of the particular
risk. Thus, one will accept a higher degree of risk to accomplish an important (to oneself) function.
It is acceptable to drive at high speed even though it increases the risk of accident and greatly
increases the risk of serious injury while it may not be acceptable to inhale second hand smoke
even though the inhalation poses a much lower risk of adverse effect (perhaps one in 10,000 vs
one in 1 million). Risk assessors (or statisticians) have calculated the probability of adverse effect
on humans resulting from a diverse list of activities. Thus, it has been calculated that the risk of
harm (bodily injury or disease) resulting from, for example, drinking a glass of wine a day, spending
six minutes in a canoe, riding ten miles on a bicycle or flying 1000 miles is approximately equal.
This is generally followed by risk management or decision making (based on the scientific and
legal options available).
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