Why Convex Combinations of Interval Endpoints: Related Explanations for Cases of Data Processing and Decision Making

Authors

Christian Servin, El Paso Community CollegeFollow
Olga Kosheleva, The University of Texas at El PasoFollow
Vladik Kreinovich, The University of Texas at El PasoFollow

Publication Date

4-1-2025

Comments

Technical Report: UTEP-CS-25-15

Abstract

There are two cases in which it has been empirically shown that a convex combination of the interval's endpoints works better than any other combination: processing interval data and dealing with situations in which we know both approximate probability and possibility and we need to make a decision. In this paper, we provide an explanation of both phenomena.