Comment by constantcrying
5 days ago
An alternative approach is using fuzzy-numbers. If evaluated with interval arithmetic you can do very long calculations involving uncertain numbers very fast and with strong mathematical guarantees.
It would especially outperform the Monte-Carlo approach drastically.
This assumes the inputs are uniform distributions, or perhaps normals depending on what exactly fuzzy numbers mean. M-C is not so limited.
No. It assumes the numbers aren't random at all.
Although fuzzy-number can be used to model many different kinds of uncertainties.
I'm familiar with fuzzy numbers (e.g. see my https://filiph.net/fuzzy/ toy) but I didn't know there's arithmetic with fuzzy numbers. How is it done? Do you have a link?
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