TeachMeFinance.com - explain Deterministic (probabilistic)
Deterministic (probabilistic) The term 'Deterministic (probabilistic)' as it applies to the area of nuclear science can be defined as ' Consistent with the principles of 'determinism,' which hold that specific causes completely and certainly determine effects of all sorts. As applied in nuclear technology, it generally deals with evaluating the safety of a nuclear power plant in terms of the consequences of a predetermined bounding subset of accident sequences. The term 'probabilistic' is associated with an evaluation that explicitly accounts for the likelihood and consequences of possible accident sequences in an integrated fashion. See also Probabilistic risk assessment (PRA). '.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.