US Patent 7447599 Method and system for generating an uncertainty value

A method and system for generating an uncertainty value. At least some of the illustrative embodiments are systems comprising a device in fluid communication with a conduit, and a flow computer electrically coupled to the device. The flow computer is configured to generate a flow value based on parametric data, and the flow computer is configured to generate an uncertainty value of the flow value based on the parametric data and on an accuracy value received from the device.