What does susceptible mean in a sensitivity analysis?
A sensitivity analysis means that you run the model with different variations of the input data and examine how the results change. This helps you understand how sensitive your model is to different inputs. For example, let’s say you have a model that looks at the impact of a drug on a disease. One of the inputs to the model is the price of the drug. If the price of the drug fluctuates a lot, that change in the price will likely have a large effect on the outcomes of
What does the word susceptible mean in a way sensitivity analysis?
A sensitivity analysis shows how the conclusions in your analysis change if you vary a single model input. For example, you might know that the risk of disease increases by 10% for every 1-unit increase in rainfall. You might want to run your model with two scenarios: one where you assume that the risk increases by 10% for every 1-unit increase in rainfall, and another where you assume the risk increases by 10% for every 10-unit increase in rainfall. This sensitivity analysis is an important
What does a word susceptible mean in a sensitivity analysis?
A sensitivity analysis can mean many different things, but one of the most common is to look at the impact of varying a single input variable on the overall output. This is known as a single variable sensitivity analysis. For example, if you are performing a sensitivity analysis on a capital budget model, you might want to know the impact of increasing or decreasing the cost of a single project. A single variable sensitivity analysis would look at the difference in the overall budget if you increased or decreased the cost of that particular
What does susceptible mean in a sensitivity analysis curve?
When the sensitivity analysis curve is plotted, it shows how the model output changes as a function of a single input variable. A sensitivity analysis curve can be created for a single variable at a time or for multiple variables at the same time. The graph can be plotted as a line, a scatterplot, or a bubble graph.
What does the word susceptible mean in a sensitivity analysis?
The term susceptible in a sensitivity analysis refers to how much the outcomes of an analysis vary based on the range of values for a variable. For example, consider the difference between two types of trees. One tree species is more susceptible to disease than the other. If the model predicts that one tree species will grow faster than the other, a sensitivity analysis can show how the two trees will have different growth rates if we use the higher or lower end of the tree growth rate in our analysis. In other words