Concept of Risk ModelingYour task this week is to write a research paper discussing the concept of risk modeling. Please also evaluate the importance of risk models. Lastly, construct an approach to modeling various risks and evaluate how an organization may make decisions about techniques to model, measure, and aggregate risks. Your paper should meet the following requirements:
- Be approximately four to six pages in length, not including the required cover page and reference page.
- Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
- Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. The UC Library is a great place to find resources.
- Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.