certainty
Definition
Theoretical condition in which decision making is without risk, because the decision maker has all the information about the exact outcome of the decision, before he or she makes the decision.
certainty is in the Disaster Planning & Risk Management and Statistics, Mathematics, & Analysis subjects.
certainty appears in the definitions of the following terms:
deterministic problem,
energy reserves,
definitely,
pure rate of interest,
Markov chain,
probability,
decision theory,
probabilistic,
default probability,
proved reserves
and
certainty appears in the other terms: certainty of terms, certainty equivalent
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