3 years ago

. Why use a sensitivity analysis?

1 answer:

7 0

Answer:

Sensitivity analysis is the method in which it basically predict the final outcome of the decision. It analysis each variable individually and identify the dependency of the output value on the particular value of the input.

The advantage of the sensitivity analysis is that it reduce the overall risk of the particular strategy and also impact of the system.

It basically work on the basic principle that firstly changed the structure and model and then observe the particular behavior of the model.

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