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The second factor addresses the risk of an erroneous placement under the procedures in place, and the probable value, if any, of additional or alternative procedural safeguards.
The danger to witnesses, and the difficulty in obtaining their cooperation, make the probable value of an adversary-type hearing doubtful in comparison to its obvious costs.
As a result, $50m seems a minimum for the probable value of Zayat's deal with Coolmore if American Pharoah keeps his part of the bargain and completes the Triple Crown.
An assessment of the probable value of a defensive publication should take into account that the publication will not prevent others from patenting aspects of the invention that are not enabled by the publication.
The ease with which the first 30 lots sold, leaving only two paintings unwanted, said as much about the buyers' eagerness as about Sotheby's specialists talent at putting the probable value on the works on offer.
The Mathews calculus then contemplates a judicious balancing of these concerns, through an analysis of "the risk of an erroneous deprivation" of the private interest if the process were reduced and the "probable value, if any, of additional or substitute safeguards".
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The degree of sparsity of a biochemical network is usually unknown beforehand (a priori), implying that our knowledge surrounding the probable values of θ is uncertain.
Notice that this method ignores the ancestral values of the traits (the most probable value for the ancestral species represented by a given internal node) and is thus not influenced by the absolute value of the traits, but only by the variation in those values among the species present in the tree.
For instance, we can use the posterior to determine the most probable value for the parameter, i.e., picking the hypothesis $h_{\theta}$ for which $P(h_{\theta} \mid s)$ is maximal.
Although a natural measure of the central tendency of a sample of continuous data is its mode (the most probable value), the mean and median are the most popular measures of location due to their simplicity and ease of estimation.
By applying these probability distribution functions in the Monte Carlo simulation of the new model, the most probable value of choke flow rate can be determined as explained in the next section.
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CEO of Professional Science Editing for Scientists @ prosciediting.com