Some Real-life Examples of Using Imprecise Probability:
Oil Hits Home, Spreading Arc of Frustration
During 2010 April Gulf of Mexico oil spill incident, the New York Times reported on May 24, 2010:
... Tony Hayward, the chief executive of BP, ... (was) asked about the top kill, Mr. Hayward acknowledged that it was far from a sure fix. "We rate the probability of success between 60 percent and 70 percent," he said. "Beyond that, there is a third and fourth and fifth option around both containment and elimination." ...