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  2. Measurement uncertainty - Wikipedia

    en.wikipedia.org/wiki/Measurement_uncertainty

    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. This particular single choice is usually called the measured value, which may be optimal in some well-defined sense (e.g., a mean, median, or mode). Thus, the relative ...

  3. Uncertainty - Wikipedia

    en.wikipedia.org/wiki/Uncertainty

    measured value (uncertainty) In the last notation, parentheses are the concise notation for the ± notation. For example, applying 10 1 ⁄ 2 meters in a scientific or engineering application, it could be written 10.5 m or 10.50 m , by convention meaning accurate to within one tenth of a meter, or one hundredth.

  4. Brunswik's lens model - Wikipedia

    en.wikipedia.org/wiki/Brunswik's_lens_model

    Brunswik's lens model is a conceptual framework for describing and studying how people make judgments. For example, a person judging the size of a distant object, physicians assessing the severity of disease, investors judging the quality of stocks, weather forecasters predicting tomorrow's weather and personnel officers rating job candidates all face similar tasks.

  5. Uncertainty quantification - Wikipedia

    en.wikipedia.org/wiki/Uncertainty_quantification

    An example of a source of this uncertainty would be the drag in an experiment designed to measure the acceleration of gravity near the earth's surface. The commonly used gravitational acceleration of 9.8 m/s² ignores the effects of air resistance, but the air resistance for the object could be measured and incorporated into the experiment to ...

  6. Observational error - Wikipedia

    en.wikipedia.org/wiki/Observational_error

    For example, a spectrometer fitted with a diffraction grating may be checked by using it to measure the wavelength of the D-lines of the sodium electromagnetic spectrum which are at 600 nm and 589.6 nm. The measurements may be used to determine the number of lines per millimetre of the diffraction grating, which can then be used to measure the ...

  7. Uncertainty budget - Wikipedia

    en.wikipedia.org/wiki/Uncertainty_budget

    The measurement uncertainty budget must be re-determined for each measured value. Examples. 1. A measured temperature value is read every day. Decisive influencing variables are ambient temperature and air pressure, which can vary every day. 2. The measurement uncertainty strongly depends on the size of the measured value itself, e.g. amplitude ...

  8. Everyday Economics:Yields rise on higher uncertainty, not ...

    www.aol.com/everyday-economics-yields-rise...

    (The Center Square) – The benchmark 10-year Treasury yield, which influences consumer borrowing costs for credit cards, auto loans and mortgages, rose again last week. The primary driver behind ...

  9. Propagation of uncertainty - Wikipedia

    en.wikipedia.org/wiki/Propagation_of_uncertainty

    For example, the 68% confidence limits for a one-dimensional variable belonging to a normal distribution are approximately ± one standard deviation σ from the central value x, which means that the region x ± σ will cover the true value in roughly 68% of cases. If the uncertainties are correlated then covariance must be taken into account ...