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 seems to be everywhere right now. Uncertainty about the economy, politics, careers, weather, and wars, to name just a few. Doubt sets in anytime we face a decision with incomplete or ...

John Steeves points to Rabo analysis showing for the foreseeable future a 75% chance corn will remain under $5 and a 75% chance soybeans will remain under $11. What is top of farmers’ minds as they ...

Have you ever wondered why the outbound trip to a new destination feels longer than the return trip home? New U of T research suggests a big reason could be uncertainty over future events. “When ...