A mathematical technique for dealing with imprecise data and problems that have many solutions rather than one. Although it is implemented in digital computers which ultimately make only yes-no ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

This article is published by AllBusiness.com, a partner of TIME. Fuzzy logic is a form of logic that extends traditional boolean logic by allowing for degrees of truth, rather than just true or false.

A system which mathematically models complex relationships which are usually handled in a vague manner by language. Under the title of "Fuzzy Logic" falls formal fuzzy logic (a multi-valued form of ...

When Aristotle and his predecessors devised their theories of logic and mathematics, they came up with the so-called Law of the Excluded Middle, which states that every proposition must either be true ...