?
In which of the following types of analysis, the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed.
Answer & Solution
Correct Answer:
Option
B
In sensitivity analysis of the following types of analysis, the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed. A sensitivity analysis determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions. In other words, sensitivity analyses study how various sources of uncertainty in a mathematical model contribute to the model's overall uncertainty.
Join the Discussion
Login to post a comment or share your explanation.
Login