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Graphical models are frequently used to explore networks among a set of variables. Several methods for estimating sparse graphs have been proposed and their theoretical properties have been explored. There are also several selection criteria to select the optimal estimated models. However, their...
A reliable estimate of the amount of oil or gas in a reservoir is required for development decisions. Uncertainty in reserve estimates affects resource/reserve classification, investment decisions, and development decisions. There is a need to make the best decisions with an appropriate level...