👉 Uncertainty is the lack of certainty or certainty that a particular event, situation, or process will occur in a specific way. It refers to the uncertainty inherent in situations and events where actions are not predictable or known with absolute certainty. In many fields, such as science, engineering, economics, psychology, and law, uncertainty arises from factors like chance, randomness, unpredictable outcomes, and incomplete information. Uncertainty can be caused by a variety of sources, including statistical models that do not fully account for