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https://youtu.be/4a9uLZ6Iq_I In his video How to manage risks you didn't know you were taking , Dr. Hillson (2017) identifies and discusses four types of uncertainty

https://youtu.be/4a9uLZ6Iq_I

In his videoHow to manage risks you didn't know you were taking, Dr. Hillson (2017) identifies and discusses four types of uncertainty (which includes, by his definition, any uncertainty that matters):

  • Stochastic uncertainty
  • Aleatoric uncertainty
  • Epistemic uncertainty
  • Ontological uncertainty

Prompt 1: Provide a brief definition / description of each of the four types of uncertainty provided by Dr. Hillson.

Prompt 2: Which of the four uncertainties did you find most intriguing? Why?

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