Phrases with «probabilistic forecasts»

Probabilistic forecasts refer to predictions or estimations that are given in terms of probabilities. Instead of providing a single forecast or prediction, probabilistic forecasts provide a range of possible outcomes along with the probability or likelihood of each outcome occurring. It helps to understand the level of uncertainty associated with a forecast, giving a more comprehensive understanding of potential future scenarios. Full definition

Sentences with «probabilistic forecasts»

  • Forecasting In contrast to the predictive uselessness of conventional assumptions about the direction of causality between social events and mood (see opening paragraph), the socionomic perspective allows a basis for at least some limited probabilistic forecasting. (socionomics.net)
  • Accepting the limits of probabilistic methods and refusing to make probabilistic forecasts where those limits are exceeded, originates, ultimately, from the virtue of truthfulness, and from the requirements of scienti c policy advice in a democratic society. (climatechangenationalforum.org)
  • We tend to provide probabilistic forecasts only, and we're really not keen on giving a single number. (searcharcticscience.org)
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