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To consider the uncertainty of wind generation, the Monte Carlo method generates scenarios representing the volatility of wind power.
Thus, an entrepreneurial economy generates scenarios in which its members can explore and exploit economic opportunities and knowledge to promote new entrepreneurial phenomena that have not been previously visualised.
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"One can generate scenarios.
This study uses 20cm and 40cm increases to generate scenarios for anticipated flood losses in large coastal cities. Here's the central message: Average global flood losses in 2005 are estimated to be approximately US$6 billion per year [in 136 coastal cities], increasing to US$52 billion by 2050 with projected socio-economic change alone.
Tracking ground truth and generated scenarios.
Hedging Greek risks requires no human intervention for generating scenarios.
The method of generating scenarios for affected sites is shown in Fig. 2.
MC simulations are deployed to randomly generated scenarios composed by values from the four PDFs.
Therefore, this approach may generate scenarios closer to reality and lead to the optimal programming.
We also generated scenarios of habitat capacity for mammals and matched these results with the different vegetation conservation scenarios.
To represent a more realistic case, we generate scenarios from prediction errors of the historical and forecasted biomass supply availabilities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com