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Modeling Uncertainty with Fuzzy Logic - With Recent Theory and Applications (Hardcover, 2009 ed.)
Loot Price: R4,728
Discovery Miles 47 280
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Modeling Uncertainty with Fuzzy Logic - With Recent Theory and Applications (Hardcover, 2009 ed.)
Series: Studies in Fuzziness and Soft Computing, 240
Expected to ship within 10 - 15 working days
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The world we live in is pervaded with uncertainty and imprecision.
Is it likely to rain this afternoon? Should I take an umbrella with
me? Will I be able to find parking near the campus? Should I go by
bus? Such simple questions are a c- mon occurrence in our daily
lives. Less simple examples: What is the probability that the price
of oil will rise sharply in the near future? Should I buy Chevron
stock? What are the chances that a bailout of GM, Ford and Chrysler
will not s- ceed? What will be the consequences? Note that the
examples in question involve both uncertainty and imprecision. In
the real world, this is the norm rather than exception. There is a
deep-seated tradition in science of employing probability theory,
and only probability theory, to deal with uncertainty and
imprecision. The mon- oly of probability theory came to an end when
fuzzy logic made its debut. H- ever, this is by no means a widely
accepted view. The belief persists, especially within the
probability community, that probability theory is all that is
needed to deal with uncertainty. To quote a prominent Bayesian,
Professor Dennis Lindley, "The only satisfactory description of
uncertainty is probability.
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