Probabilistic analysis definition

Probabilistic analysis. - means a systematic evaluation of the effect, on costs, reliability, or other measures of per- formance, of the range of possible events affecting factors which that influence performance, considering the chances likelihood that the events will occur.
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Probabilistic analysis means a statistical method for studying the expected behaviour of a system defined by parameters, events and features whose values are represented by a statistical distribution ;
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Probabilistic analysis means a systematic evaluation of the effect, on costs, reliability, or other measures of performance, of possible events affecting factors that influence performance, considering the likelihood that the events will occur.
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Examples of Probabilistic analysis in a sentence

  • Probabilistic analysis of bias from noncoverage and nonresponse has been used for both surveys (26-28) and epidemiologic studies (29).


More Definitions of Probabilistic analysis

Probabilistic analysis. - means a systematic evaluation of the effect on costs, reliability, or other measures of performance, ofthe range ofpossible events affecting factors which that influence performance, considering the chances likelihood that the events will occur.
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Related to Probabilistic analysis

  • Market Analysis means a technique used to identify market characteristics for specific goods or services “National Treasury” has the meaning assigned to it in section 1 of the Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • risk analysis the analysis required under Rule 17f-7(a)(1)(i)(A).

  • Forensic analysis means the practice of gathering, retaining, and analyzing computer-related data for investigative purposes in a manner that maintains the integrity of the data.

  • Applied behavior analysis means the design, implementation, and evaluation of environmental modifications, using behavioral stimuli and consequences, to produce socially significant improvement in human behavior, including the use of direct observation, measurement, and functional analysis of the relationship between environment and behavior.

  • Practice of behavior analysis means the design, implementation, and evaluation of environmental