Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

Bayesian uncertainty analysis represents a powerful statistical framework that integrates prior knowledge with observed measurement data to quantify uncertainty in a consistent probabilistic manner.

Uncertainty quantification (UQ) is a field of study that focuses on understanding, modeling, and reducing uncertainties in computational models and real-world systems. It is widely used in engineering ...

With uncertainty at record levels, and the probability of recession rising, equity markets fell into correction territory (-10% from the peak) on Thursday, March 13. The markets bounced on Friday, ...