= Probability bounds analysis
{wiki=Probability_bounds_analysis}
Probability Bounds Analysis (PBA) is a quantitative method used in decision-making and risk analysis that helps assess uncertainty in probabilistic models. It is particularly beneficial when precise probability distributions are difficult to obtain, and instead, one may only have limited information about the underlying uncertainties. PBA uses interval probability distributions to represent the uncertainties and derive bounds on the probabilities of various outcomes.
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