Uncertainty (uncertainty analysis)


Uncertainty (uncertainty analysis) : During risk assessments,the need to make assumptions or best judgments in the absence of precise scientific data creates uncertainties. Uncertainties attempt to define the usefulness of the conclusion in making a decision. These uncertainties are sometimes expressed qualitatively and sometimes quantitatively. For example, a risk may be determined to be 8 in 100,000, plus or minus 1; meaning that it is between 7 and 9 in 100,000
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