BBN model for Risk Assessment

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Salim
Posts: 1
Joined: Thu Feb 29, 2024 11:52 am

BBN model for Risk Assessment

Post by Salim »

What would appropriately represent the attached table (Excel file) in Genie? Either an influence diagram or a simple Bayesian network! Your help will be appreciated. It's for the risk assessment of a hydropower Dam .
Warm Regards
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Risk assessment of a Dam project.xlsx
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marek [BayesFusion]
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Posts: 435
Joined: Tue Dec 11, 2007 4:24 pm

Re: BBN model for Risk Assessment

Post by marek [BayesFusion] »

It seems to me that this is a data set that you can use to train a Bayesian network. An influence diagram would require explicit decisions and also a utility function. Your data set is small (34 records) and you cannot really learn anything useful from data alone. If you create a BN model based on (your?) expert knowledge, you could use the data set to refine the model parameters perhaps.
I hope this helps,

Marek
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