Dealing with uncertainty includes measuring uncertainty and modeling uncertainty explicitly into the analysis.

Question

Quizplus · Accepted Answer

To effectively deal with uncertainty, it is important to identify and measure sources of uncertainty and integrate them into a model or analysis. This allows for a more accurate representation of the potential outcomes and associated risks. Ignoring or downplaying uncertainty can lead to flawed decision-making and increased vulnerability to negative outcomes.

Dealing with Uncertainty Includes Measuring Uncertainty and Modeling Uncertainty Explicitly