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Uncertainty
A situation in which the probability distribution is unknown.  

A lack of knowledge about certain factors or measure of the amount of doubt of distrust with which the data should be used.  

Uncertainty is therefore immeasurable risk.  

Uncertainty may pertain to either of:

     A.  Physical Uncertainty
    B.  Financial Uncertainty
    C.  Operational Uncertainty
Uncertainty is managed through:


See also: