sensitivity analysis
presentation of possible results and ways to create the result in a process which involves uncertain factors by assigning different values for these factors | ||||
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Sensitivity analysis definition was found in categories: Business & Finance(2) Science & Technology(2) Encyclopedia(1)
Sensitivity analysis Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Sensitivity analysis
Analysis of the effect on a project's profitability due to changes in sales, cost, and so on.
Analysis of the effect on a project's profitability due to changes in sales, cost, and so on.
| Raynet Business & Marketing Glossary |
Sensitivity Analysis
investigation into how projected performance varies along with changes in the key assumptions on which the projections are based.
investigation into how projected performance varies along with changes in the key assumptions on which the projections are based.
Sensitivity analysis Definition from Science & Technology Dictionaries & Glossaries
| Fishery Glossary |
Sensitivity analysis
An analytical technique to deal with uncertainty about future events and values. It consists of varying one element (e.g. rainfall, market price), or a combination of elements, and determining the effect of those changes on the outcome of a project. In economic analysis, the effect of the changes on a measure of project value is calculated. FAO (1993)
An analytical technique to deal with uncertainty about future events and values. It consists of varying one element (e.g. rainfall, market price), or a combination of elements, and determining the effect of those changes on the outcome of a project. In economic analysis, the effect of the changes on a measure of project value is calculated. FAO (1993)
| Web Dictionary of Cybernetics and Systems |
Sensitivity Analysis
A procedure to determine the sensitivity of the outcomes of an alternative to changes in its parameters (as opposed to changes in the environment; see contingency analysis , a fortiori analysis ). If a small change in a parameter results in relatively large changes in the outcomes, the outcomes are said to be sensitive to that parameter. This may mean that the parameter has to be determined very accurately or that the alternative has to be redesigned for low sensitivity. (IIASA)
A procedure to determine the sensitivity of the outcomes of an alternative to changes in its parameters (as opposed to changes in the environment; see contingency analysis , a fortiori analysis ). If a small change in a parameter results in relatively large changes in the outcomes, the outcomes are said to be sensitive to that parameter. This may mean that the parameter has to be determined very accurately or that the alternative has to be redesigned for low sensitivity. (IIASA)
Sensitivity analysis Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Sensitivity analysis
Sensitivity analysis is the study of how the variation in the output of a model (numerical or otherwise) can be apportioned, qualitatively or quantitatively, to different sources of variation.
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