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Correctional Offender Management Profiling for Alternative Sanctions (COMPAS) [1] is a case management and decision support tool developed and owned by Northpointe (now Equivant) used by U.S. courts to assess the likelihood of a defendant becoming a recidivist. [2][3] COMPAS has been used by the U.S. states of New York, Wisconsin, California ...
A risk evaluation means that judgements are made on the tolerability of the identified risks, leading to risk acceptance. When risk analysis and risk evaluation are made at the same time, it is called risk assessment. [1] As of 2023, chemical risk assessment follows these 4 steps: [4] hazard characterization.
Risk score. Calculated number that reflects the level of risk in the presence of some risk factors. A risk score is a metric used in statistics, biostatistics, econometrics and related disciplines to stratify a population for targeted screening. It assigns scores to individuals based on risk factors; a higher score reflects higher risk.
The Achenbach System of Empirically Based Assessment (ASEBA), created by Thomas Achenbach, is collection of questionnaires used to assess adaptive and maladaptive behavior and overall functioning in individuals. The system includes report forms for multiple informants – the Child Behavior Checklist (CBCL) is used for caregivers to fill out ...
A health risk assessment (HRA) is a health questionnaire, used to provide individuals with an evaluation of their health risks and quality of life. [5] Commonly a HRA incorporates three key elements – an extended questionnaire, a risk calculation or score, and some form of feedback, i.e. face-to-face with a health advisor or an automatic online report.
Every investor has a different risk tolerance with regard to their investment selections. A risk profile is a broad view of an individual’s risk tolerance. A risk profile can also refer to ...
Predictive analytics is a form of business analytics applying machine learning to generate a predictive model for certain business applications. As such, it encompasses a variety of statistical techniques from predictive modeling and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. [1]
Riskalyze. Riskalyze is a financial technology company that provides software as a service to financial advisors in the United States. Riskalyze's platform provides tools for analyzing investment risk, delivering 401 (k) plans, and building and implementing investment portfolios. Riskalyze invented the Risk Number, [1] an alignment tool for ...