The discipline of probability management communicates and calculates uncertainties as data structures that obey both the laws of arithmetic and probability, while preserving statistical coherence. The simplest approach is to use vector arrays of simulated or historical realizations and metadata called Stochastic Information Packets (SIPs). A set of SIPs, which preserve statistical relationships between variables, is said to be coherent and is referred to as a S tochastic L ibrary U nit with R elationships P reserved (SLURP). SIPs and SLURPs allow stochastic simulations to communicate with one another. For example, see Analytica ( Misplaced Pages ), Analytica ( SIP page ), Oracle Crystal Ball , Frontline Solvers , and Autobox .
29-704: [REDACTED] Look up sip , Sip , or SIP in Wiktionary, the free dictionary. SIP or sip may refer to: Places [ edit ] Šip (Pale) , Bosnia and Herzegovina Šip (Višegrad) , Bosnia and Herzegovina Novi Sip , Serbia Simferopol International Airport (IATA: SIP), an airport in Crimea Suzhou Industrial Park , in Suzhou, China Business, finance, and economics [ edit ] Safety improvement plan,
58-491: A communications protocol for signaling and controlling multimedia communication sessions, including voice over IP Networking [ edit ] Service Improvement Plan , a former program to provide a defined level of basic telephone service to all Canadians Standard Interchange Protocol , in library systems System Information Packet, in the DMX512 standard for stage lighting control Session Initiation Protocol ,
87-439: A communications protocol for signaling and controlling multimedia communication sessions, including voice over IP Networking [ edit ] Service Improvement Plan , a former program to provide a defined level of basic telephone service to all Canadians Standard Interchange Protocol , in library systems System Information Packet, in the DMX512 standard for stage lighting control Session Initiation Protocol ,
116-521: A plan for improving safety Sales incentive plan, a type of employee incentive program Securities information processor , the part of public infrastructure for disseminating market data in the United States Share Incentive Plan , a UK government approved employee plan Systematic investment plan , an investment strategy Communications and telephony [ edit ] Session Initiation Protocol (SIP),
145-430: A plan for improving safety Sales incentive plan, a type of employee incentive program Securities information processor , the part of public infrastructure for disseminating market data in the United States Share Incentive Plan , a UK government approved employee plan Systematic investment plan , an investment strategy Communications and telephony [ edit ] Session Initiation Protocol (SIP),
174-549: A range of ideographic characters in the Unicode standard Stochastic Information Packet , an array of simulation realizations Engineering [ edit ] Second-order intercept point , a measure of linearity in amplifiers and mixers Shelter Implementation Plan , will help contain and manage the consequences of the Chernobyl disaster Signature image processing , in welding fault detection Sputter ion pump ,
203-437: A range of ideographic characters in the Unicode standard Stochastic Information Packet , an array of simulation realizations Engineering [ edit ] Second-order intercept point , a measure of linearity in amplifiers and mixers Shelter Implementation Plan , will help contain and manage the consequences of the Chernobyl disaster Signature image processing , in welding fault detection Sputter ion pump ,
232-446: A representation of the probability distribution of a variable Strongly implicit procedure , an algorithm for solving a sparse linear system of equations Structure-inducing probes, a peptide synthesis to stabilize long peptides Other uses [ edit ] "Sip", a song from Joeboy Stranka Ivana Pernara , a Croatian political party Shelter-in-place , an emergency procedure Sip (kinship) Sip or Zip, one of
261-446: A representation of the probability distribution of a variable Strongly implicit procedure , an algorithm for solving a sparse linear system of equations Structure-inducing probes, a peptide synthesis to stabilize long peptides Other uses [ edit ] "Sip", a song from Joeboy Stranka Ivana Pernara , a Croatian political party Shelter-in-place , an emergency procedure Sip (kinship) Sip or Zip, one of
290-581: A security feature of OS X El Capitan by Apple Semiconductors [ edit ] Semiconductor intellectual property , a business model for licensing intellectual property Single in-line package , for packaging electronic components System in package , chip technology, also known as a chip stack multi-chip module Silicon photonics , silicon semiconductor used as an optical medium Computing [ edit ] Social information processing , an activity through which collective human actions organize knowledge Supplementary Ideographic Plane ,
319-581: A security feature of OS X El Capitan by Apple Semiconductors [ edit ] Semiconductor intellectual property , a business model for licensing intellectual property Single in-line package , for packaging electronic components System in package , chip technology, also known as a chip stack multi-chip module Silicon photonics , silicon semiconductor used as an optical medium Computing [ edit ] Social information processing , an activity through which collective human actions organize knowledge Supplementary Ideographic Plane ,
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#1732764793529348-736: A signaling protocol most commonly used in Internet Telephony Software [ edit ] SIP (software) , a tool which generates C++ interface code for the programming language Python Scilab Image Processing , an image processing toolbox Soft Input Panel , on-screen input method for devices without standard keyboards Submission Information Packages, in the Open Archival Information System Reference Model; see Open Archival Information System#The OAIS environment and information model System Integrity Protection ,
377-547: A signaling protocol most commonly used in Internet Telephony Software [ edit ] SIP (software) , a tool which generates C++ interface code for the programming language Python Scilab Image Processing , an image processing toolbox Soft Input Panel , on-screen input method for devices without standard keyboards Submission Information Packages, in the Open Archival Information System Reference Model; see Open Archival Information System#The OAIS environment and information model System Integrity Protection ,
406-605: A type of vacuum pump Standard inspection procedure , a process for checking compliance Sterilization-in-place , in sanitation of food preparation equipment Structural insulated panel , a composite building material Enterprises [ edit ] SIP Animation , originally Saban International Paris, France based TV production company Société Immobilière Publique , a state-owned housing company in Burundi Società Italiana per l'Esercizio Telefonico (originally Società Idroelettrica Piemontese),
435-528: A type of vacuum pump Standard inspection procedure , a process for checking compliance Sterilization-in-place , in sanitation of food preparation equipment Structural insulated panel , a composite building material Enterprises [ edit ] SIP Animation , originally Saban International Paris, France based TV production company Société Immobilière Publique , a state-owned housing company in Burundi Società Italiana per l'Esercizio Telefonico (originally Società Idroelettrica Piemontese),
464-525: A wide audience in terms of a combination of a few parameters for a Metalog distribution accompanied by the five inputs to the HDR generator. In 2013, ProbabilityManagement.org was incorporated as a 501(c)(3) nonprofit that supports this approach through education, tools, and open standards. Executive Director Sam Savage is the author of The Flaw of Averages: Why we Underestimate Risk in the Face of Uncertainty and
493-498: Is an adjunct professor at Stanford University. Harry Markowitz , Nobel Laureate in Economics, was a co-founding board member. The nonprofit has received financial support from Chevron Corporation, General Electric, Highmark Health, Kaiser Permanente, Lockheed Martin, PG&E, and Wells Fargo Bank. The SIPmath 2.0 Standard supports XLSX, CSV, and XML Formats. The SIPmath 3.0 Standard uses JSON objects to convey virtual SIPs based on
522-660: The Metalog distribution is a flexible continuous probability distribution that has simple closed form equations, can be directly parameterized by data, using only a handful of parameters. An ideal pseudo random number generator for driving inverse transforms is the HDR generator developed by Douglas W. Hubbard . It is a counter-based generator with a four-dimensional seed plus an iteration index that runs in virtually all platforms including Microsoft Excel. This allows simulation results derived in R, Python, or other readily available platforms to be delivered identically, trial by trial to
551-573: The 18 months of the Haab' , a part of the Maya calendric system SIP Grenade , self igniting phosphorus The Society of International Photographers, a not-for-profit organization founded in 1936 Soviet Interview Project , a research project conducted in the early 1980s Strangers in Paradise , an award-winning comic book State Implementation Plan , a United States state plan for complying with
580-416: The 18 months of the Haab' , a part of the Maya calendric system SIP Grenade , self igniting phosphorus The Society of International Photographers, a not-for-profit organization founded in 1936 Soviet Interview Project , a research project conducted in the early 1980s Strangers in Paradise , an award-winning comic book State Implementation Plan , a United States state plan for complying with
609-561: The actual realizations, but delivers formulas known as Virtual SIPs that generate identical simulation trials in the host environment regardless of platform. This is accomplished through inverse transform sampling, also known as the F-Inverse method, coupled to a portable pseudo random number generator, which produces the same stream of uniform random numbers across platforms. Quantile parameterized distributions (QPDs) are convenient for inverse transform sampling in this context. In particular,
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#1732764793529638-470: The exploration portfolio of Royal Dutch Shell in 2005 as reported by Savage, Scholtes, and Zweidler, who formalized the discipline of probability management in 2006. The topic is also explored at length in. Vectors of simulated realizations of probability distributions have been used to drive stochastic optimization since at least 1991. Andrew Gelman described such arrays of realizations as Random Variable Objects in 2007. A recent approach does not store
667-530: The federal Clean Air Act Sub-irrigated planter , a type of gardening container Sip as in SipSipStefan "Sip", a 2017 song by Chris Brown from Heartbreak on a Full Moon See also [ edit ] All pages with titles containing Sip Social information processing (disambiguation) Stranger in Paradise (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
696-470: The federal Clean Air Act Sub-irrigated planter , a type of gardening container Sip as in SipSipStefan "Sip", a 2017 song by Chris Brown from Heartbreak on a Full Moon See also [ edit ] All pages with titles containing Sip Social information processing (disambiguation) Stranger in Paradise (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
725-481: The former name of Telecom Italia Selznick International Pictures , a defunct film studio Science and mathematics [ edit ] Semi-infinite programming , a type of mathematical optimization problem Spectral induced polarisation , in geophysics Stable-isotope probing , used in molecular biology Statistically improbable phrases , a system used to find unique phrases for use as keywords Stochastic Information Packet, in probability management ,
754-481: The former name of Telecom Italia Selznick International Pictures , a defunct film studio Science and mathematics [ edit ] Semi-infinite programming , a type of mathematical optimization problem Spectral induced polarisation , in geophysics Stable-isotope probing , used in molecular biology Statistically improbable phrases , a system used to find unique phrases for use as keywords Stochastic Information Packet, in probability management ,
783-519: The 💕 (Redirected from Sip ) [REDACTED] Look up sip , Sip , or SIP in Wiktionary, the free dictionary. SIP or sip may refer to: Places [ edit ] Šip (Pale) , Bosnia and Herzegovina Šip (Višegrad) , Bosnia and Herzegovina Novi Sip , Serbia Simferopol International Airport (IATA: SIP), an airport in Crimea Suzhou Industrial Park , in Suzhou, China Business, finance, and economics [ edit ] Safety improvement plan,
812-443: The title SIP . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=SIP&oldid=1259722191 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages sip From Misplaced Pages,
841-501: The title SIP . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=SIP&oldid=1259722191 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Probability management The first large documented application of SIPs involved
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