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Uncertainty information


Situations often arise wherein a decision must be made when the results of each possible choice are uncertain.

Uncertainty or Incertitude refers to epistemic situations involving imperfect or unknown information. It applies to predictions of future events, to physical measurements that are already made, or to the unknown. Uncertainty arises in partially observable or stochastic environments, as well as due to ignorance, indolence, or both.[1] It arises in any number of fields, including insurance, philosophy, physics, statistics, economics, finance, medicine, psychology, sociology, engineering, metrology, meteorology, ecology and information science.

  1. ^ Peter Norvig; Sebastian Thrun. "Introduction to Artificial Intelligence". Udacity. Archived from the original on 2014-01-22. Retrieved 2013-07-04.

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Uncertainty

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Uncertainty or Incertitude refers to epistemic situations involving imperfect or unknown information. It applies to predictions of future events, to physical...

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Uncertainty principle

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The uncertainty principle, also known as Heisenberg's indeterminacy principle, is a fundamental concept in quantum mechanics. It states that there is...

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Propagation of uncertainty

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of uncertainty (or propagation of error) is the effect of variables' uncertainties (or errors, more specifically random errors) on the uncertainty of...

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Uncertainty avoidance

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cross-cultural psychology, uncertainty avoidance is how cultures differ on the amount of tolerance they have of unpredictability. Uncertainty avoidance is one of...

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Measurement uncertainty

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In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a measured quantity. All measurements...

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Uncertainty quantification

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Uncertainty quantification (UQ) is the science of quantitative characterization and estimation of uncertainties in both computational and real world applications...

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Uncertainty reduction theory

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The uncertainty reduction theory, also known as initial interaction theory, developed in 1975 by Charles Berger and Richard Calabrese, is a communication...

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Cone of uncertainty

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In project management, the cone of uncertainty describes the evolution of the amount of best case uncertainty during a project. At the beginning of a project...

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Knightian uncertainty

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In economics, Knightian uncertainty is a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable...

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Uncertainty budget

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The uncertainty budget is an aid for specifying the expanded measurement uncertainty. The individual measurement uncertainty factors are summarised, usually...

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Uncertainty parameter

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The uncertainty parameter U is introduced by the Minor Planet Center (MPC) to quantify the uncertainty of a perturbed orbital solution for a minor planet...

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Tax uncertainty

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Tax uncertainty is the term for the economic risk that results when future taxes and tax rates are undetermined. Similar to policy uncertainty, tax uncertainty...

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Uncertainty analysis

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Uncertainty analysis investigates the uncertainty of variables that are used in decision-making problems in which observations and models represent the...

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Gravitational constant

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the significant uncertainty in the measured value of G in terms of other known fundamental constants, a similar level of uncertainty will show up in the...

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Mutual information

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Y} share: It measures how much knowing one of these variables reduces uncertainty about the other. For example, if X {\displaystyle X} and Y {\displaystyle...

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Policy uncertainty

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Policy uncertainty (also called regime uncertainty) is a class of economic risk where the future path of government policy is uncertain, raising risk...

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Decision theory

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re-evaluation of what useful decision-making requires. The area of choice under uncertainty represents the heart of decision theory. Known from the 17th century...

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Uncertainty coefficient

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In statistics, the uncertainty coefficient, also called proficiency, entropy coefficient or Theil's U, is a measure of nominal association. It was first...

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The Age of Uncertainty

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The Age of Uncertainty is a 1977 book and television series about economics, co-produced by the BBC, CBC, KCET and OECA, and written and presented by...

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Risk

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terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something...

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Corridor of uncertainty

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In the sport of cricket, the corridor of uncertainty is an area where a cricket ball can pitch during a delivery: a narrow line on and just outside a...

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Experimental uncertainty analysis

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Experimental uncertainty analysis is a technique that analyses a derived quantity, based on the uncertainties in the experimentally measured quantities...

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VUCA

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Bennis and Burt Nanus, to describe or to reflect on the volatility, uncertainty, complexity and ambiguity of general conditions and situations. The U...

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Sensitivity analysis

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practice is uncertainty analysis, which has a greater focus on uncertainty quantification and propagation of uncertainty; ideally, uncertainty and sensitivity...

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Entropic uncertainty

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uncertainty or Hirschman uncertainty is defined as the sum of the temporal and spectral Shannon entropies. It turns out that Heisenberg's uncertainty...

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Confidence interval

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Therefore, the nominal 50% confidence coefficient is unrelated to the uncertainty we should have that a specific interval contains the true value. The...

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Fog of war

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Krieges) is the uncertainty in situational awareness experienced by participants in military operations. The term seeks to capture the uncertainty regarding...

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