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Risk in SCRUM vs. risk in Waterfall

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Hi, in materials for PSPO 1 course, there is a picture showing how risk changes over time in SCRUM and Waterfall. I am not sure if I am understand it correctly, because i think that risk in Waterfall increases over time, not decreases. Could you tell me how to interpret this drawing? Thanks :) (Red is waterfall, green is SCRUM)

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