• Even after doing the experiment, Steinberg still included a question about how measurements create uncertainty on a recent homework assignment for his students. (scientificamerican.com)
  • Such a stop-go pattern will also waste resources, create uncertainty, deter investment and promote short rather than long-sightedness. (lu.se)
  • In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a measured quantity. (wikipedia.org)
  • The measurement uncertainty is often taken as the standard deviation of a state-of-knowledge probability distribution over the possible values that could be attributed to a measured quantity. (wikipedia.org)
  • Relative uncertainty is the measurement uncertainty relative to the magnitude of a particular single choice for the value for the measured quantity, when this choice is nonzero. (wikipedia.org)
  • Thus, the relative measurement uncertainty is the measurement uncertainty divided by the absolute value of the measured value, when the measured value is not zero. (wikipedia.org)
  • Measurement uncertainty has important economic consequences for calibration and measurement activities. (wikipedia.org)
  • The American Society of Mechanical Engineers (ASME) has produced a suite of standards addressing various aspects of measurement uncertainty. (wikipedia.org)
  • For example, ASME standards are used to address the role of measurement uncertainty when accepting or rejecting products based on a measurement result and a product specification, provide a simplified approach (relative to the GUM) to the evaluation of dimensional measurement uncertainty, resolve disagreements over the magnitude of the measurement uncertainty statement, or provide guidance on the risks involved in any product acceptance/rejection decision. (wikipedia.org)
  • Shaking the old measurement-uncertainty explanation may be difficult, however. (scientificamerican.com)
  • In addition, the war in Ukraine poses significant risks to food and energy prices, as well as to global economic growth. (newyorkfed.org)
  • Uncertainty may involve things that are completely unknown, whereas risks are often understood via calculable probabilities. (beyondintractability.org)
  • It also must be noted that uncertainty doesn't necessarily imply risks -- something undesirable might happen, but it might be that any of the possible outcomes is OK. (beyondintractability.org)
  • Anton Sandblom says that "This course gave valuable insights in this process and provided a good base when it comes to thinking in a rational and constructive way regarding risks, uncertainty and decision making. (gu.se)
  • 2,4 The exact nature of the risks to worker well-being vary according to personal circumstances and work arrangements. (cdc.gov)
  • This anecdote is just one illustration of a market-changing trend that has been accelerating for several years, beginning well before the pandemic: consumer preferences have been evolving rapidly-almost continuously-and have become increasingly volatile, mutable, and uncertain . (bcg.com)
  • I'm really excited about this podcast today as we have an incredibly experienced and well-qualified guest to discuss our topic, which is thriving and not just surviving the current COVID pandemic. (cpaaustralia.com.au)
  • Schools quickly moved online, forcing teachers and students to adapt to a new mode of learning while coping with the uncertainty of a pandemic. (vox.com)
  • 1-5 Along with overwhelming uncertainty and new behavioral 'norms' (e.g., cloth face covering or mask wearing, physical distancing), the COVID-19 pandemic has changed how we meet our daily needs, how we socially interact, and whether, how, and where we work. (cdc.gov)
  • Well architected solutions thrive in complex situations, where adaptability means business continuity, where the continuity is essentially the only path to business survivability. (nutanix.com)
  • Now is the time to invest in an agile, always-on planning culture, with the mindsets, behaviors and skills to help you thrive in a time of uncertainty. (accenture.com)
  • EconPapers: Is the Impact of Employment Uncertainty on Fertility Intentions Channeled by Subjective Well-Being? (repec.org)
  • This article combines two apparently distinct strands of contemporary research on fertility: the literature on economic uncertainty and fertility and the literature on subjective well-being and fertility. (repec.org)
  • We advance the hypothesis that the impact of term-limited work contracts and precarious jobs on fertility intentions is channeled by an individual's level of subjective well-being. (repec.org)
  • Our analysis clearly suggested that the impact of employment uncertainty on fertility intentions depended on the level of subjective well-being: the negative effect was found only when subjective well-being was relatively low (i.e. life satisfaction levels equal or below 6). (repec.org)
  • Detailed results show that parents and younger individuals reduced their fertility intentions more than the childless and older individuals when experiencing economic uncertainty and facing low subjective well-being. (repec.org)
  • When the economic policy uncertainty index is high, the households in the US and in the Netherlands predict a significantly lower income and claim to have a significantly lower subjective uncertainty, by showing more confidence in their forecast [5] . (maastrichtuniversity.nl)
  • Studies on subjective well-being also show that people generally react much more strongly to economic loss than economic gain . (lu.se)
  • Dubai: Couple Brexit with uncertainty on global economic growth and geopolitics, and 2019 isn't looking so bright for the global aviation industry. (gulfnews.com)
  • Dubai: From volatile fuel prices to political uncertainties across the world, 2019 is looking like a tough year to forecast. (gulfnews.com)
  • As the March 2019 deadline approaches and the United Kingdom gets ever closer to leaving the European Union, the uncertainty that continues to surround Brexit is unhelpful, experts said. (gulfnews.com)
  • But the uncertainty over the structure for 2019 and beyond has cast a shadow over the start of this campaign. (wigantoday.net)
  • One can actively manage around this economic uncertainty by reducing risk allocations, raising cash levels, and proactively managing liquidity in a way that is both defensive, but also optimized - an approach with the potential to realize liquidity premiums to benefit returns. (advisorperspectives.com)
  • According to the Global Economic Policy Uncertainty Index (Figure 1), the level of uncertainty during the 2000 Dot-Com crisis was around 170, rose to over 200 during the 2008 Global Financial Crisis, and peaked at 440 during the 2020 Covid Crisis [1] . (maastrichtuniversity.nl)
  • Gulf airlines may fare better, though, but are expected to feel the toll of economic uncertainty. (gulfnews.com)
  • This tool was developed by the Community Health and Environmental Policy Program within RAND Social and Economic Well-Being . (rand.org)
  • I'll talk more about that today, as well as give you my views on inflation and the economic outlook. (newyorkfed.org)
  • Oil prices remained steady today over the supply worries which were caused by the confrontation between Israel and the Palestine and the uncertainties regarding the global economic outlook. (offshore-technology.com)
  • Only 38% give Trump credit for good economic news, while half say the Obama administration is really responsible. (salisburypost.com)
  • Risk Communication(s) refers the real-time exchange of information, advice and opinions between experts or officials and people who face a threat (hazard) to their survival, health or economic or social well-being. (who.int)
  • Stocks fell sharply to end the week today, putting an abrupt halt to a modest four-day winning streak for the Dow as profit taking kicked in amid investor uncertainty about the state of the economy in general and corporate profits in particular. (ecommercetimes.com)
  • Such an approach allows for easily propagating uncertainty by propagating the joint model parameter and discrepancy posterior into the larger-scale system of rate expressions. (osti.gov)
  • In [ 4 ], a variable structure control based on pulse-width pulse-frequency technology is designed to suppress the vibration of a flexible spacecraft with parameter uncertainties and input nonlinearity. (hindawi.com)
  • In times of uncertainty and crisis, investors often flock to gold as a means of safeguarding their wealth. (kitco.com)
  • The S&P 500 fell for an eighth straight session on Thursday, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week's US presidential election. (straitstimes.com)
  • As an exemplar of purpose-led leadership, Andrés provides chief marketing and sales officers (CMSOs) as well as growth executives with a reference point for how to lead in the midst of this crisis. (mckinsey.com)
  • It's not as impossible as it might sound: they can rely on new "eyes and ears," courtesy of the exploding availability of vast quantities of data from an increasing variety of sources as well as new capabilities afforded by technologies such as artificial intelligence to process, learn, and respond in near real time. (bcg.com)
  • And that's one of the reasons why in this first of a series of Webinars on CERC and Zika I wanted to talk about uncertainty because frankly uncertainty is not uncommon at the beginning of a new or emerging infectious disease situation that we all have to face. (cdc.gov)
  • While we believe it's prudent to be cautious today, investors have opportunities to be well-compensated for their patience until the road is clear and conditions turn more favorable. (advisorperspectives.com)
  • Investors are navigating these uncharted waters with a watchful eye on both geopolitical developments and central bank policies, cementing gold's status as an attractive hedge against global uncertainty. (kitco.com)
  • Kitco News ) - The U.S. Dollar Index (DXY) gained 10 percent over the year, as investors turned to the dollar as a safe haven in this time of "unprecedented uncertainty," said George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors. (kitco.com)
  • Hence, multiscale modeling efforts must accurately quantify the effect of the propagation of uncertainties during upscaling. (osti.gov)
  • Uncertainties from model parameters and model discrepancy from small-scale models impact the accuracy and reliability of predictions of large-scale systems. (osti.gov)
  • article{osti_1571589, title = {Upscaling Uncertainty with Dynamic Discrepancy for a Multi-Scale Carbon Capture System}, author = {Bhat, K. Sham and Mebane, David S. and Mahapatra, Priyadarshi and Storlie, Curtis Byron}, abstractNote = {Uncertainties from model parameters and model discrepancy from small-scale models impact the accuracy and reliability of predictions of large-scale systems. (osti.gov)
  • Typically, there are five to ten NNs in an ensemble, and these share the same architecture and hyperparameters but, crucially, use a different initial randomization of the model parameters prior to training, as well as different splits of the training/validation data. (nature.com)
  • All measurements are subject to uncertainty and a measurement result is complete only when it is accompanied by a statement of the associated uncertainty, such as the standard deviation. (wikipedia.org)
  • Heisenberg sometimes explained the uncertainty principle as a problem of making measurements. (scientificamerican.com)
  • Aephraim Steinberg of the University of Toronto in Canada and his team have performed measurements on photons (particles of light) and showed that the act of measuring can introduce less uncertainty than is required by Heisenberg's principle . (scientificamerican.com)
  • Earlier this year, Yuji Hasegawa, a physicist at the Vienna University of Technology in Austria, measured groups of neutron spins and derived results well below what would be predicted if measurements were inserting all the uncertainty into the system . (scientificamerican.com)
  • In this article, we present 10 essential truths and five unresolved uncertainties about this transformational technology , concluding with one overarching imperative for leaders to pursue i f they aspire to conquer the coming wave of disruption. (imd.org)
  • Instead, I want to talk about IT practice leadership and focus on delivering well architected solutions during emergency situations to eliminate all the FUD. (nutanix.com)
  • In virtue of their ability to integrate these elements we can use models to help structure quickly evolving and novel situations as well as to manage deep uncertainties. (lu.se)
  • The "Guide to the Expression of Uncertainty in Measurement" (commonly known as the GUM) is the definitive document on this subject. (wikipedia.org)
  • While scientific and technological issues commonly involve uncertainty, social and political conflicts are far from immune. (beyondintractability.org)
  • Climate Sensitivity Uncertainty: When is Good News Bad? (harvard.edu)
  • Intuitively, it might seem that a lower bottom would be good news. (harvard.edu)
  • Here we ask: When might apparently good news about climate sensitivity in fact be bad news? (harvard.edu)
  • Under reasonable assumptions, both the lowering of the lower bound and the removal of the "best estimate" may well be bad news. (harvard.edu)
  • The good news? (accenture.com)
  • Start with some good news for the president. (salisburypost.com)
  • The course offered a lot of perspectives on risk and uncertainty, from many different disciplines. (gu.se)
  • Did you know with a Digital Subscription to Wigan Today, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. (wigantoday.net)
  • The lowered bottom value also implies higher uncertainty about the temperature increase, a definite bad. (harvard.edu)
  • At the start, our uncertainty of the future remains unavoidably large (yellow area) but nevertheless an accurate measure of our true state of ignorance and more deeply informative than the confidence from the poor model (red line). (santafe.edu)
  • This means a future of uncertainty for many. (brainline.org)
  • Knightian uncertainty [2] (as opposed to the better-known concept of risk) refers to a situation in which knowing past data (and its distribution) is not helpful for us to infer the likelihood of future outcomes. (maastrichtuniversity.nl)
  • To explain how these structures produce uncertainty, Serpell borrows from cognitive psychology the concept of affordance, which describes an object's or environment's potential uses. (harvard.edu)
  • The aim of cognitive interviewing is to investigate how well survey questions perform when asked of respondents, that is, if respondents understand the questions according to their intended design and if they can provide accurate answers based on that intent. (cdc.gov)
  • Cognitive interviewing provides in-depth understanding of the ways in which a question operates as well as the construct(s) that it captures. (cdc.gov)
  • In this approach, the ML model provides an uncertainty estimate along with its prediction for each new atomic configuration. (nature.com)
  • If the uncertainty estimate passes a certain threshold, then the configuration is included in the data set. (nature.com)
  • A well-established practical strategy for AL with NN potentials is 'query by committee' 47 (QBC), where the estimate of uncertainty is the disagreement between a collection of models within an ensemble. (nature.com)
  • By doing so, this Article establishes a framework for good CRT governance. (ssrn.com)
  • The course deals with statistical distributions, populations, statistical analysis, as well as uncertainty of geographical data. (lu.se)
  • We also face a lack of data, mixture scenarios and uncertainty of the actual environmental effects. (gu.se)
  • Students across the country face uncertainty over in-person or virtual school this fall. (vox.com)
  • A well-architected solution is simple, stable, and scales so that an organization can quickly adapt. (nutanix.com)
  • To adapt to what has become "certain uncertainty," companies must find new ways to interact with consumers and gain insight into that uncertainty. (bcg.com)
  • Unfortunately, we are also witnessing IT solutions that lacked rigor and discipline in practice leadership since they weren't well architected to begin with. (nutanix.com)
  • In practice, most types of CRT transactions are generally well governed and do not contribute to systemic risk despite being lightly regulated. (ssrn.com)
  • Good governance requires governance mechanisms to reduce the informational asymmetries and incentive misalignments of particular CRT transactions - the agency costs of CRT. (ssrn.com)
  • Gold, a timeless symbol of wealth and stability, has seen modest gains in recent times, largely in response to the extreme uncertainty pervading the Middle East. (kitco.com)
  • Although it is natural to think into and observe what is going on around us, especially in times likes these, I wish to remind anyone feeling unsure that accepting and embracing uncertainty will grow your emotional intelligence and allow the natural flow of life to unfold. (wishingwellblog.com)
  • Markets have reacted with cautiousness to political uncertainty that is seemingly flying in on multiple fronts," said CMC Markets analyst Jasper Lawler. (straitstimes.com)
  • Millions of Californians with disabilities and underlying health conditions will become eligible for the COVID-19 vaccine on Monday, but continuing shortages of doses as well as ongoing uncertainties about verification and qualification still pose potential barriers to access. (ktla.com)
  • This is a well-placed asset as avian influenza A(H5N1) viruses continue to circulate in Cambodia. (who.int)
  • To revive this question, C. Namwali Serpell proposes a return to William Empson's groundbreaking work, Seven Types of Ambiguity (1930), which contends that literary uncertainty is crucial to ethics because it pushes us beyond the limits of our own experience. (harvard.edu)
  • At the crossroads of recent critical turns to literary form, reading practices, and ethics, Seven Modes of Uncertainty offers a new phenomenology of how we read uncertainty now. (harvard.edu)
  • It is well-documented that people dislike both risk and ambiguity and, in economics, these conditions are referred to as risk aversion and ambiguity aversion respectively. (maastrichtuniversity.nl)
  • This is seldom the case, though, so uncertainty and risk usually run hand-in-hand. (beyondintractability.org)
  • Some decisions involve unavoidable risk and uncertainty. (beyondintractability.org)
  • The PhD course "Risk, uncertainty and decision-making" was held both at the University of Gothenburg and at Lund University during the autumn. (gu.se)
  • Why is risk, uncertainty and decision making important in your research area? (gu.se)
  • Julia Johansson takes the legal perspective: "For me it is important since I am studying how risk and uncertainty related to chemicals manifests in the legislation. (gu.se)
  • Julia Johansson agrees with Anton: "I would recommend this course for anyone dealing with risk in their research, since it provides a good starting point from where to explore one´s own concept of risk. (gu.se)
  • There is considerable uncertainty surrounding the calculation of the output gap, and there is no simple relationship between developments in the output gap and developments in inflation. (norges-bank.no)
  • 3,7 Reducing occupational stress is a fundamental focus of the NIOSH Healthy Work Design (HWD) and Well-Being program. (cdc.gov)
  • The uncertainty surrounding the Fed's stance on potential interest rate hikes adds another layer of intrigue. (kitco.com)
  • Specifically, uncertainty in potential results. (enworld.org)
  • The approach, uncertainty-driven dynamics for active learning (UDD-AL), modifies the potential energy surface used in molecular dynamics simulations to favor regions of configuration space for which there is large model uncertainty. (nature.com)
  • To make good decisions under uncertainty, decision- makers must act creatively to avoid paralysis, while recognizing the possibility of failure. (santafe.edu)
  • Note that I didn't say make good decisions. (rjionline.org)
  • Good decisions come from good information. (rjionline.org)
  • You'll hear a little bit about Rad/Nuc 101201 and the expected role of public health, some public health actions, some key information that public health would need to know as well as decisions for public health leaders. (cdc.gov)
  • Workers who must continue to report to a physical workplace may experience fear about their health and the health of their loved ones, as well as challenges arranging care for elderly or young dependents. (cdc.gov)
  • you're decrying a huge source of uncertainty. (enworld.org)
  • I am beginning to embrace the uncertainties in my own life and feel a huge weight lifted from my shoulders from doing so, I hope any readers of this post will feel a little lighter in knowing that its okay to be unsure. (wishingwellblog.com)
  • Secondly, for those of you in the PHEP program, the Public Health Emergency Preparedness program at the state and local public health, I think you well know that it's a grant requirement for our state and locals to have a CBRNE plan so I know that you've been working hard on that. (cdc.gov)
  • And because of that we have invited these other response partners on the call as well today, just so that they have some visibility as to what CDC is telling state and local public health and they can share in that information. (cdc.gov)
  • Organizations are dealing with these attacks using a workload like Splunk to identify and manage security events as well as automate threat detection and mitigation. (nutanix.com)
  • This blogpost will walk through the basic concepts of uncertainty in economics, coupled with a few takeaways from our research. (maastrichtuniversity.nl)
  • It has given me a deeper understanding of the concepts, as well as of other research fields. (gu.se)