Related Concepts
Sensitivity analysis is closely related with uncertainty analysis; while the latter studies the overall uncertainty in the conclusions of the study, sensitivity analysis tries to identify what source of uncertainty weighs more on the study's conclusions.
The problem setting in sensitivity analysis also has strong similarities with the field of design of experiments. In a design of experiments, one studies the effect of some process or intervention (the 'treatment') on some objects (the 'experimental units'). In sensitivity analysis one looks at the effect of varying the inputs of a mathematical model on the output of the model itself. In both disciplines one strives to obtain information from the system with a minimum of physical or numerical experiments.
Read more about this topic: Sensitivity Analysis
Famous quotes containing the words related and/or concepts:
“Perhaps it is nothingness which is real and our dream which is non-existent, but then we feel think that these musical phrases, and the notions related to the dream, are nothing too. We will die, but our hostages are the divine captives who will follow our chance. And death with them is somewhat less bitter, less inglorious, perhaps less probable.”
—Marcel Proust (1871–1922)
“Once one is caught up into the material world not one person in ten thousand finds the time to form literary taste, to examine the validity of philosophic concepts for himself, or to form what, for lack of a better phrase, I might call the wise and tragic sense of life.”
—F. Scott Fitzgerald (1896–1940)