For Uncertainty we have terms and definitions in 4 topics. The topics are Financial Modeling, Genetics and Food, Global Warming and International Economics.

Uncertainty (Financial Modeling)

Estimates of future performance always entail uncertainty, the inverse of confidence. It is useful to quantify the uncertainty to perform Sensitivity Analysis, demonstrating the possible impacts of different levels of performance. See Sensitivity Analysis.

Uncertainty (Genetics and Food)

See scientific uncertainty.

Uncertainty (Global Warming)

A measure used to quantify the plausible maximum and minimum values for emissions from any source, given the biases inherent in the methods used to calculate a point estimate and known sources of error.

Uncertainty (International Economics)

Failure to know anything that may be relevant for an economic decision, such as future variables, details of a technology, or sales. In models, uncertainty usually appears as a random variable and corresponding probability density function. But in practice, most international models, especially of trade, assume certainty.

Similar

Browse words that start with:

• Un
• Unc
• Unce
• Uncer
• Uncertainty

Browse All Terms by First Letter

Term Search