Sensitivityanalysis
July 5, 2024 ⚊ 1 Min read ⚊ Views 11 ⚊ BLOGSensitivity analysis examines how variations in inputs of a model affect the outputs, providing insights into the model’s robustness and identifying critical factors influencing outcomes. By testing different scenarios, sensitivity analysis helps decision-makers anticipate potential impacts and optimize strategies in uncertain environments.
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Tags: 2. Decision Making 3. Risk Management