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imprecise probability

   Also found in: Wikipedia 0.01 sec.
(probability)imprecise probability - A probability that is represented as an interval (as opposed to a single number) included in [0,1].
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Pat's performance for this period was (make a slash on the scale below): 0 Very Poor Below Average 50 Average Above Average 100 Very Good Subjects in the imprecise probability manipulation had the same information as above, except that the information on the probability of the process being out of control was stated as follows: Probability of the process being out of control cannot be determined with certainty.
Evaluating Managerial Performance: Mitigating The "Outcome Effect" [*] by Ghosh, Dipankar; Ray, Manash R. / Journal of Managerial Issues
 
 
 
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