Cerrar
Aleatoric Uncertainty
Epistemic Uncertainty
The three options of action with uncertainties
Null Hypothesis
Type I Error
Type II Error
How to fix type I and type II errors respectively
Risk analysis
Risk Management
State of Nature (SON)
How to get and refine a SON
Statistical Decision Theory
Preposterior Analysis
Stages of Posterior Analysis
Stages of Preposterior analysis
Allais' Paradox
Rational Decision-making approach
Utility
Robust numerical measure of preference requirements
Standard Gamble
Three different types of decision making criteria (alternatives to rational approach)
Reliability
Assumptions made in reliability engineering
Types of systems
Birnbaum Reliability
Henly and Kumamoto
