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Uncertainty

  We say that we like having answers. We ask questions, research, and experiment to find exact and satisfactory answers about the world. However, at the same time, it seems that we are always hesitant to say that a result found is the correct answer. In other words, we always tend to include some uncertainty in our answers that although what we know is most likely correct, it might not be. What is uncertainty for us and why do we have it all the time? Uncertainty is very common in various fields of academia under different names. In economic history when constructing equations to find certain indicators, an “ignorance factor” is often added as an unknown constant. In statistical analysis, models have the greek letter epsilon, representing the “error term.” As such even the academic fields concerning itself with exact numbers and equations make sure to include an uncertainty factor to account for the fact that the results might not be correct to some extent.  Uncertainty presen...