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In this module you will learn to analyze, evaluate and manage the risks and reliability of technical systems. You will learn both probabilistic and decision-theoretic foundations (e.g., Bayesian networks, utility and decision theory) and methods for system reliability (e.g., fault tree/event tree analysis, time-dependent reliability, simulation-based methods). In the end you will be able to select appropriate models, model complex systems under uncertainty, and implement the results computationally.
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