The combined half-life and uncertainty amounts to (1.387 ± 0.012) My.
Assume that oil price is at USD65$ with volatility of 0.18 and factor G equals 0.1 with volatility of 0.25, then the value of this project with geology technology uncertainties amounts to USD13.53$ per barrel.
"If you delay and create uncertainty, the amount of money you have to put up goes up".
For instance, data from computational predictions will no doubt contain some amount of uncertainty.
Under the minimum uncertainty condition, the total amount of information can be maintained constant.
These systems differ by the location of the sources of uncertainty, and the total amount of uncertainty they take into account in the forecasting process.
The major challenge arises from the uncertainty in the total amount and the spatial distribution of coke loading.
The range was unusually wide because of uncertainty over the amount of Allianz's realized capital gains on investments.
The uncertainty around the amount of compensation to be paid has meant that unilateral termination has remained rare.
Investors worried about uncertainty over the amount of bailout money Spain would take, the mechanism for providing it and the conditions attached to the deal.
