Title :
Statistical variability vs. probabilistic uncertainty
Author_Institution :
Fac. of Mech. Eng. & Naval Archit., Univ. of Zagreb, Zagreb, Croatia
Abstract :
The concepts of variability and uncertainty came from experience and coexist with different connotations. First, the article reviews the statistical methods for variability assessments of probability distributions. Next, it sums up the entropy concept of uncertainty of systems of events in probability theory. The two concepts are brought closer together on the basis of common experience of predictability. The article also considers the concept of average number of equally probable events based on entropy. Then, it introduces the concept of equivalent number of outcomes based on variability of probability distributions. Finally, the link between variability and uncertainty is illustrated with examples.
Keywords :
entropy; statistical distributions; uncertainty handling; entropy concept; predictability; probabilistic uncertainty; probability distribution; probability theory; statistical method; statistical variability assessment; Educational institutions; Entropy; Probabilistic logic; Probability distribution; Tin; Uncertainty; entropy; equivalent numbers of outcomes; predictability; uncertainty; variability;
Conference_Titel :
Information Technology Interfaces (ITI), Proceedings of the ITI 2013 35th International Conference on
Conference_Location :
Cavtat
Print_ISBN :
978-953-7138-30-1
DOI :
10.2498/iti.2013.0512