The engineering and statistical tools exist, from probabilistic risk assessment (PRA) to meta-data analytics.
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The actual newsfeed ranking process requires a lot of probabilistic computations and newsfeed requests are actually CPU-bound.
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First, perform thousands of fatigue tests in the laboratory and then take a probabilistic view of things.
At the same time, trust is much more than card-counting, or doing clever probabilistic analyses of the odds.
But round our committee table there was a conviction that probabilistic forecasts were a proper test of skill.
But figuring out how to live within its probabilistic reality is an important element of successful venture portfolio construction.
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Statistics, by definition, use the past to make some probabilistic statement about the future, but probabilities are far from reality.
Jolie started with the data, however imperfect and probabilistic scientific data are.
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Here's how the probabilistic forecast test would work for temperature, for instance: forecasters would be given 100 notional forecasting "tokens" for every forecast.
No matter that the barbecue summer slogan was coined by the Met Office press office and the forecasters had made a more sensible probabilistic forecast.
Whether calls in fact damage you depends on unpredictable events, but in probabilistic terms callability usually slices at least a quarter-point off your expected return.
But the fact that entrepreneurs continue to take extraordinary risks for a small expected return (from a probabilistic standpoint) indicates that something else is balancing the scales.
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Medicine, which is mainly the act of mending such processes, was until recently a glorious form of trial-and-error, augmented by a web of probabilistic models that output the creation of treatments.
Security is another focus not just control policies but doing analytics which help us understand threats, attacks and vulnerability by using a probabilistic approach that is a little more technology-centered.
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Yet the innards of atoms also follow probabilistic patterns.
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He points out that, with the exception of an informal system in California, no country in the world has yet set up regular probabilistic earthquake forecasting that can be used to guide emergency actions.
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Moreover, at the time the decision has to be made whether to wait and see if deterrence will work or whether to act preemptively now the available information will likely be probabilistic and uncertain.
Building these advanced models will require exploitation of the ensemble of modeling more fully to produce quantitative probabilistic forecasts of atmospheric quantities with estimates of uncertainty to generate probabilistic forecasts of the impacts and risks of weather disasters.
Verifying identity comes down to making the probabilistic determination that the risk of the claimant NOT in fact being the one he claims to be is vanishingly small or, at least, too negligible to be worth bothering about.
Instead of a probabilistic world where we are comfortable making decisions according to, say, the odds of thunderstorms ruining a picnic, we are thrust into binary hell, where the choices and chances are only two: win or lose, white or black, benign or malignant.
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To develop these algorithms the 60 researchers involved used techniques that include game theory (in which agents have to overcome barriers to collaboration in order to get the best outcome), probabilistic modelling (which is employed to predict missing data and reduce uncertainty) and optimisation techniques (which can provide means of making decisions when communications between agents are limited).
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