Engineering decisions under uncertainty

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Abstract

p. 1-7
Statistics and the theory of probability, in engineering—as well as in any other context, ultimately serve the representation of knowledge for the purpose of supporting decision making. Ideally, decision making should take basis in the best available information about, and the understanding of risks. The present chapter, comprising Lecture 1, therefore sets the scene by focusing on decision making in the quest of sustainable societal development. An example is presented addressing engineering decision making in the …
Original languageEnglish
PublisherSpringer
Number of pages7
Publication statusPublished - 2012
Externally publishedYes
SeriesStatistics and Probability Theory

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