What Does PPM Stand For?
PPM stands for Path Probability Method
PPM, or Path Probability Method, is a statistical approach used in various fields such as telecommunications, finance, and risk assessment to evaluate and quantify the likelihood of different paths or scenarios within a stochastic process. By analyzing potential outcomes and their associated probabilities, PPM enables decision-makers to optimize strategies, enhance predictive modeling, and improve resource allocation through informed assessments of uncertainty and risk.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym