Abstract
n this paper we present a suitable measure of risk for data expressed
on an ordinal scale. The proposed indicator is based on the cumulative probabilities
of the ordinal variable that represents the level of severity for different risk events.
The method relies on the construction of a Criticality index which may be used as
an initial view of the level of risk, for comparisons among environments, to indicate
how risk changes over time, and to identify appropriate interventions. Along with the
description of the methodology, we present two examples of application in statistical
quality control field and in cyber risk evaluation
Original language | English |
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Title of host publication | CLADAG 2021 BOOK OF ABSTRACTS AND SHORT PAPERS |
Pages | 93-96 |
Number of pages | 4 |
DOIs | |
Publication status | Published - 2021 |
Event | 13th Scientific Meeting of the Classification and Data Analysis Group - Firenze Duration: 9 Sept 2021 → 11 Sept 2021 |
Conference
Conference | 13th Scientific Meeting of the Classification and Data Analysis Group |
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City | Firenze |
Period | 9/9/21 → 11/9/21 |
Keywords
- Criticality index
- categorical variables
- ordinal data