Before revision: Overall path probability = (probability of event 1) X (probability of event 2) X (probability of event n .... ) In risk analysis Event tree analysis can be used in risk assessment by determining the probability that is used to determine the risk when multiplied by the hazard of the event.
After revision: Overall path probability = (probability of event 1) × (probability of event 2) × ... × (probability of event n ) In risk analysis Event tree analysis can be used in risk assessment by determining the probability that is used to determine the risk when multiplied by the hazard of the event.