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Which of the following statements relating to risk and uncertainty is correct?

Which of the following statements relating to risk and uncertainty is correct?
A . Risk exists when we do not know all of the possible outcomes.
B . Risk exists when we know all of the possible outcomes but not their probabilities.
C . Uncertainty exists when we know all of the possible outcomes but not their probabilities.
D . Uncertainty exists when we know all of the possible outcomes and their probabilities.

Answer: C

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