Uncertainty Quantification in Reservoir Simulation Models with Polynomial Chaos Expansions: Smolyak Quadrature and Regression Method Approach
Polynomial chaos expansions (PCE) are used to analyze how uncertainty present in input parameters is propagated through the model to its output. The use of PCE enables the representation of the outcome of a given model as a polynomial, created by a function basis that depends on the probability distribution of the input variables...
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