"Given these considerations, the MPC will have to feel its way as it goes … There is, in fact, a wide distribution of possible outcomes around any expected path for Bank rate, reflecting the inevitability that the economy will be buffeted by shocks and that monetary policy will have to adjust accordingly".
In her mind, Goldilocks has something which maps on to a normal distribution of possible outcomes.
It is a method to calculate the probability distribution of possible outcomes.
Similarly, distribution of possible number of fields can be estimated incorporating also the drilling parameters.
Financial models are used to assign risk to variables and provide a distribution of possible values that help people make informed decisions on value.
The resulting tractogram from any such method typically represents a finite random sample from a complex distribution of possible tracks.
It is shown that for a given surface bubble size there is a distribution of possible surface film sizes.
Uncertainties in mixing and in the source strength result in a statistical distribution of possible plume lengths.
"We need to instill more uncertainty," says Cailleteau, who notes Moody's is mulling changes, such as adding a distribution of possible outcomes along with the letter grade.
The set of the calculated differences is the exact distribution of possible differences under the null hypothesis that group labels do not matter.
The prior distribution of rhythm patterns can also alleviate the insertion or deletion problem by forming a distribution of possible beat positions in advance.
