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In the era of globalization, uncertainty plays an important role in various disciplines of Science and Technology. The present book highlights the developments concerned with the removal of uncertainty and the applications of various uncertain measures to a variety of disciplines dealing with Coding Theory, Marketing, Queueing Theory, Portfolio Analysis, Statistical Analysis and Optimization Theory. It aims at addressing the key issues pertaining to these topics and will be helpful to Information Theoreticians, Software Engineers, Biologists, Statisticians and Operational Researchers. The book presents new findings which will add to the knowledge of the scientific community for furtherance of research.